Reuters: Technology News: Japan's Softbank plans $8.8 billion in capex this fiscal year

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Japan's Softbank plans $8.8 billion in capex this fiscal year Oct 31st 2012, 06:50 Tweet Share this Email Print Related News Fixed income underpins Nomura results Mon, Oct 29 2012 Honda cuts forecasts, hopes for China recovery in February Mon, Oct 29 2012 Japan govt aims to list Japan Post in three years Fri, Oct 26 2012 Canon cuts outlook as China boycott adds to exporters' woes Thu, Oct 25 2012 Sprint Nextel assumes majority stake in Clearwire Thu, Oct 18 2012 Analysis & Opinion Softbank-Sprint tie-up gets bad signal from market Related Topics Investing Simplified » Tech » The aftermath of Sandy showcased in a series of large format pictures.   Full Article  Pedestrians walk past a Softbank Corp branch in Tokyo October 15, 2012. Credit: Reuters/Yuriko Nakao TOKYO | Wed Oct 31, 2012 2:50am EDT TOKYO (Reuters) - Japan's Softbank said on Wednesday it plans 700 billion yen ($8.8 billion) if capital expenditure in the year to next March 31. Softbank, which announced this month it would buy a 70 percent stake in Sprint Nextel Corp, the third-largest U.S. carrier, said it plans capex of 550 billion yen ($6.9 billion) in following year to March 2014. (Reporting by Mari Saito; Editing by Michael Watson) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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