Company Overview and News

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Japan carriers lose US$9bil in market value in one day

1h thestar.com.my
TOKYO: Japanese wireless carriers tumbled in Tokyo trading after the government’s spokesman said they have room to cut phone bills by about 40%.
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Nikkei rises supported by tech shares; telecom shares volatile

1h reuters
TOKYO, Aug 22 (Reuters) - Japan’s Nikkei rose on Wednesday morning supported by tech shares, which tracked gains in their U.S. peers, while telcos were volatile on worries that their mobile fees will be cut.
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Slack Raises $427 Million More, at $7.1 Billion Valuation - The New York Times

8h nytimes
Slack, the four-year-old workplace messaging company, said on Tuesday that it had raised $427 million in new funding, just a year after its last huge infusion of money. The latest round values the company at $7.1 billion.
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Car-sharing startup Getaround raises $300 mln in funding led by SoftBank

15h reuters
(Reuters) - Car-sharing startup Getaround Inc has raised about $300 million in the latest funding round led by Japan’s SoftBank Group Corp, the San Francisco-based firm said on Tuesday.
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Mobile phone operators take ¥1 trillion blow after Suga says bills could be cut 40%

15h japantimes.co.jp
Wireless carriers tumbled in Tokyo after the government’s spokesman said they have room to cut phone bills by about 40 percent, sparking concern that lawmakers will renew a push for greater competition in a sector dominated by three big players.
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Car-sharing startup Getaround raises US$300 million in funding led by SoftBank - Channel NewsAsia

15h channelnewsasia
REUTERS: Car-sharing startup Getaround Inc has raised about US$300 million in the latest funding round led by Japan's SoftBank Group Corp, the San Francisco-based firm said on Tuesday.
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1
Japan pushing to end smartphone bundling, cut wireless fees - source

16h channelnewsasia
Japan is aiming to force wireless carriers to cut their monthly fees and stop bundling the cost of smartphones with wireless services, a senior telecoms ministry source said on Tuesday, in a move that is likely to hit Apple Inc.
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1
Japan pushing to end smartphone bundling, cut wireless fees -source

17h reuters
TOKYO (Reuters) - Japan is aiming to force wireless carriers to cut their monthly fees and stop bundling the cost of smartphones with wireless services, a senior telecoms ministry source said on Tuesday, in a move that is likely to hit Apple Inc.
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Nikkei rebounds on strong China stocks, halt to yen rise

17h japantimes.co.jp
The benchmark Nikkei average edged up on the Tokyo Stock Exchange on Tuesday, helped by brisk Chinese stocks and a halt to the yen’s strengthening against the dollar.
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Japan delivers US$9 bil blow to mobile phone operators

17h theedgemarkets
(Aug 21): Japan’s wireless carriers tumbled in Tokyo after the government’s spokesman said they have room to cut phone bills by about 40%, sparking concern lawmakers will renew a push for greater competition in a sector dominated by three big players.
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Nikkei edges up on futures-buying; mobile carriers tumble

21h reuters
TOKYO, Aug 21 (Reuters) - Japan’s Nikkei shed losses and edged up after a weakening of the yen spurred futures purchases, but mobile phone carriers tumbled after a media report cited a Japanese official as saying the industry needs reform.
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136
Revisiting the Trump Portfolios - The Big Picture

2018-08-20 ritholtz
Betting Against Trump Was a Market-Beater The companies the president disparaged have done much better than those he favored. Bloomberg, January 10, 2018
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1
Tokyo stocks turn lower in thin trading

2018-08-20 japantimes.co.jp
Stocks fell back on the Tokyo Stock Exchange on Monday, as investors retreated to the sidelines amid a dearth of fresh trading incentives.
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37
T-Mobile runs behind-the-scenes PR push to support Sprint deal

2018-08-20 reuters
(Reuters) - T-Mobile US Inc (TMUS.O) is asking smaller wireless operators that piggyback off its network to issue public statements or even write newspaper editorials to help persuade antitrust regulators to approve its proposed $26 billion acquisition of Sprint Corp (S.N).
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T-Mobile runs behind-the-scenes PR push to support Sprint deal

2018-08-20 channelnewsasia
T-Mobile US Inc is asking smaller wireless operators that piggyback off its network to issue public statements or even write newspaper editorials to help persuade antitrust regulators to approve its proposed US$26 billion acquisition of Sprint Corp .
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CUSIP: 006770620