JAPANESE TELECOM COMPANY SOFTBANK CORP. REPORTS A RISE IN NET PROFIT IN APRIL-JUNE PERIOD

Highlights –

• Japanese telecom company SoftBank Corp. reports a rise in net profit in April – June period.
• The company is said to have gained a net profit of $12 billion.
• SoftBank had to sell two-thirds of its stake as part of the asset-selling plan.
• The company is currently considering selling its British chip design unit Arm Ltd.

Japanese teleco....