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January 31, 2018 09:42 am GMT
SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service. Line announced that it has agreed to allow SoftBank to take a 51 percent in the business via an issuance of new shares. The deal is expected to close by March. From the documents, its mobile business is valued at around $15 million (1.7 billion JPY) but a company spokesperson told TechCrunch… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DjHt0xq0aUU/
SoftBank buys into Lines mobile service in Japan
SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service. Line announced that it has agreed to allow SoftBank to take a 51 percent in the business via an issuance of new shares. The deal is expected to close by March. From the documents, its mobile business is valued at around $15 million (1.7 billion JPY) but a company spokesperson told TechCrunch… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/DjHt0xq0aUU/
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