- Reuters•14 minutes ago
SoftBank Group Corp (9984.T) reported flat first-quarter operating profit as solid earnings for its domestic telecommunications business offset losses at U.S. unit Sprint Corp (S.N). While the U.S. carrier posted wider losses in quarterly earnings this week, it also said it expected to be cash flow positive in the next financial year. "Sprint has been a drag, but I'm now seeing signs of a V-shaped recovery at Sprint," SoftBank's Chief Executive Masayoshi Son told an earnings briefing.
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