SoftBank says aiming for revenue to exceed $71 billion next year

Reuters

TOKYO, Oct 31 (Reuters) - Japan's SoftBank Corp aims to expand its sales to 7 trillion yen ($71 billion) nextfiscal year as the company expands its reach to the UnitedStates through its acquisition of Sprint Corp.

In the six months that ended Sept. 30, SoftBank reportedsales of 2.6 trillion yen, up 72 percent from the same periodlast year.

SoftBank president Masayoshi Son, Japan's most famousdealmaker, finalised a deal to buy an 80 percent stake in U.S.wireless carrier Sprint in July and also inked deals to buymajority stakes in Finnish mobile game maker Supercell and U.S.cellphone distributor Brightstar Corp in October.

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