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Softbank Corp. Annual Report 2019 Softbank Corp
SoftBank Corp. Annual Report 2019 SoftBank Corp. We don’t just dream. We make things happen. We’re going beyond just being a carrier — we’re transforming into a visionary platformer. We don’t just dream up things. We take the world’s advanced ideas, and turn them into reality with our drive to make things happen. We do this so tomorrow’s people will be the happiest in human history. SoftBank Corp. ANNUAL REPORT 2019 1 Introducing Our First Annual Report SoftBank Group Corporate Philosophy Ken Miyauchi President & CEO Information Revolution SoftBank Corp. — Happiness for Everyone In December 2018, SoftBank Corp. (the “Company” or “SoftBank”) of this technological evolution, SoftBank has expanded its business listed its shares on the First Section of the Tokyo Stock Exchange. scale in step with society’s growth. The second is our ability to grow I would like to begin by expressing my sincere gratitude to our businesses. We have expanded our business operations by bringing shareholders, investors, and other stakeholders for their support together and regenerating companies in crisis, including JAPAN to date. TELECOM CO., LTD., Vodafone K.K., WILLCOM, Inc., and eAccess Ltd. The third is our ability to overcome adverse environments. In its role as a strategic holding company, our parent company Sometimes, we have faced headwinds, but we have always taken SoftBank Group Corp. (“SoftBank Group”). is accelerating the pace on adverse situations directly, focused on self-improvement, and of global investment in accordance with the Cluster of No. 1 AI thereby achieved further growth. Strategy. Meanwhile, as the primary operating company in Japan With a view to communicating our growth strategy and related and with the telecommunications business at its core, SoftBank is initiatives more clearly, we have issued our first annual report, Since our founding, the SoftBank Group has sought to use the engaging in a wide range of businesses. -
Technology, Media and Telecommunications Review – Japan
The Technology, Media and Telecommunications Review Sixth Edition Editor John P Janka Law Business Research The Technology, Media and Telecommunications Review The Technology, Media and Telecommunications Review Reproduced with permission from Law Business Research Ltd. This article was first published in The Technology, Media and Telecommunications Review - Edition 6 (published in November 2015 – editor John Janka) For further information please email [email protected] The Technology, Media and Telecommunications Review Sixth Edition Editor John P Janka Law Business Research Ltd PUBLISHER Gideon Roberton SENIOR BUSINESS DEVELOPMENT MANAGER Nick Barette SENIOR ACCOUNT MANAGERS Katherine Jablonowska, Thomas Lee, Felicity Bown, Joel Woods ACCOUNT MANAGER Jessica Parsons PUBLISHING MANAGER Lucy Brewer MARKETING ASSISTANT Rebecca Mogridge EDITORIAL ASSISTANT Sophie Arkell HEAD OF PRODUCTION Adam Myers PRODUCTION EDITOR Anne Borthwick SUBEDITOR Caroline Herbert MANAGING DIRECTOR Richard Davey Published in the United Kingdom by Law Business Research Ltd, London 87 Lancaster Road, London, W11 1QQ, UK © 2015 Law Business Research Ltd www.TheLawReviews.co.uk No photocopying: copyright licences do not apply. The information provided in this publication is general and may not apply in a specific situation, nor does it necessarily represent the views of authors’ firms or their clients. Legal advice should always be sought before taking any legal action based on the information provided. The publishers accept no responsibility for any acts -
Earnings Results for the 6-Month Period Ended September 30, 2018
Earnings Results for the 6-month Period ended September 30, 2018 November 5, 2018 IMPORTANT INFORMATION This presentation (this “Presentation”) is furnished to you as an investor in SoftBank Group Corp. (“SoftBank”) and is not, and may not be relied on in any manner as, legal, tax, investment, accounting or other advice or as an offer to sell or a solicitation of an offer to buy limited partnership or comparable limited liability equity interests in SoftBank Vision Fund L.P. (together with, as the context may require, any parallel fund, feeder fund, co-investment vehicle or alternative investment vehicle, the “Fund” or “Vision Fund” or “SVF”). This Presentation is not intended to be relied upon as the basis for any investment decision, and is not, and should not be assumed to be, complete. The contents of this presentation are not to be construed as legal, business or tax advice. None of the Fund, the manager of the Fund (the “Manager” or “SBIA”), SBIA or their respective affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein and nothing contained herein should be relied upon as a promise or representation as to past or future performance of the Fund or any other entity referenced in this Presentation. Recipients of this Presentation should make their own investigations and evaluations of the information contained in this Presentation and should note that such information may change materially. References to any specific investments of the Fund, to the extent included herein, are presented to illustrate the Manager’s investment process and operating philosophy only and should not be construed as a recommendation of any particular investment or security. -
ANNUAL REPORT 2019 Softbank Group Corp
ANNUAL REPORT 2019 SoftBank Group Corp. ANNUAL REPORT 2019 Disclaimers to be correct, and actual results, performance or achievements could User Guide materially differ from expectations. Persons viewing this annual report • This annual report provides relevant information about the Group and This PDF has various features to make it easy to use and to search for should not place undue reliance on forward-looking statements. We does not constitute or form any solicitation of investment including any information. It also contains links to external websites to allow you to undertake no obligation to update any of the forward-looking statements offer to buy or subscribe for any securities in any jurisdiction. refer to external information easily. contained in this annual report or any other forward-looking statements • This annual report contains forward-looking statements, beliefs or opinions we may make. Past performance is not an indicator of future results and regarding the Group, such as statements about the Group’s future the results of the Group in this annual report may not be indicative of, and business, future position and results of operations, including estimates, Contents are not an estimate, forecast or projection of our future results. forecasts, targets and plans for the Group. Without limitation, forward- • We do not guarantee the accuracy of information in this report regarding Click to go to the first page of each category. looking statements often include the words such as “targets”, “plans”, companies (including, but not limited to, those in which SoftBank Vision SoftBank Group Corp. “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “will”, Towards the AI Era Essential Information Growth Strategy Management Organization Financial Section Corporate Information Fund has invested) other than the Group which has been quoted from ANNUAL REPORT 2019 006 “may”, “should”, “would”, “could” “anticipates”, “estimates”, “proj- public and other sources. -
MCS AT&T Mobility User Rates
Mobile Communication Services SUNCOM Contract No.: DMS-1011-008A (MCS) End User Price List (EUPL) DETAILED PRODUCT DESCRIPTION VOICE (PER MINUTE) RATE PLAN SOC CODE CONTRACT PRICE 4.0¢ Nationwide Rate with 500 Mobile-to (Flat Rate) Per Minute Voice Plan ODNN00360 Mobile minutes and 500 Nights & Weekend minutes with 4.0¢ Overage Example: (Flat Rate) Per Minute Voice Plan (4.0¢ Nationwide Rate with 500 Mobile-to-Mobile minutes and 500 Nights & Weekend minutes with $0.04 Overage) plus MSG3 (Unlimited Messages (SMS/MMS)) for $5.15 = $5.15/month plus any per minute voice charges. Government Nation Flat Rate Voice Plan AT&T Government Nation Flat Rate lets you pay by the minute with a flat per-minute rate on calls made or received anywhere on the AT&T network. And, you can take advantage of our national network with no roaming charges. Available only to Government customers with a qualified wireless Government agreement from AT&T (“Government Agreement”) and their respective Corporate Responsibility Users (“CRUs”). Flat Rate Plans are only available to customers’ CRUs whose principal residence or principal Government office is within an eligible AT&T Wireless network area that has been fully integrated and has the system capacity to support Flat Rate Plans. Minute Increment Billing and Usage Airtime and other measured usage are billed in full-minute increments, and actual airtime and usage are rounded up to the next full increment at the end of each call for billing purposes. AT&T charges a full-minute increment of usage for every fraction of the last minute used on each wireless call. -
Exchange Pro VIO8 Skype™ on All of Your Office Phones
Your Ultimate Gateway to Skype™ Exchange Pro VIO8 Skype™ on All of Your Office Phones oSKY simplifies the deployment of Skype for the business environment with its turn-key VoSKY Exchange Pro VIO8 Connecting through Skype has its advantages. As the world's largest VPBX-to-Skype gateway to enable businesses of all sizes to VoIP network (over 200 million user worldwide), Skype can be used enhance communications and reduce telecom costs via Skype, the to leverage a trunking solution that allows businesses to realize world's largest VoIP network. The VoSKY Exchange Pro VIO8 is a tremendous savings over the cost of PSTN lines. Calls to other Skype stand alone, rack-mountable FXO PBX gateway that does not require users are free, while call to non-Skype users are charged at low-cost a PC. This plug & play appliance seamlessly integrates with any SkypeOut rates (or at a flat rate using Skype Unlimited). existing TDM or IP PBX through the analog station ports to add up to 8 lines to Skype. Multiple Exchange Pro gateways in different office Integration is another factor inVIO8's favor.Along with its single-box locations can be interconnected together to enable free calls between solution form factor and simple set up,VIO8 connects to an existing colleagues.Calls to other Skype users are free,while calls to non-Skype PBXphonesystemwithouttheneedtooverhaultheentirephonesystem, users are charged at low-cost SkypeOut rates. which can be a costly and time-consuming process. With its seamless installation (a VoSKY trademark), the VIO8 allows Leverage the Power of Skype with Four Business- anyone in the office to access a Skype line in record time. -
Voip for the Small Business Reducing Your Telecommunications Costs
VoIP for the Small Business Reducing your telecommunications costs Research firm IDC1 has estimated that a VoIP system can reduce telephony-related expenses by 30%. Voice over Internet Protocol (VoIP) has become a viable solution for even the smallest of companies as broadband internet access has become af- fordable and much more widespread. VoIP offers a low cost alternative to expensive traditional phone services, and is rapidly becoming the commu- nications system of choice to reduce telecommunications costs. Hosted VoIP services are also gaining popularity among smaller companies since these services do not require any investment in hardware. Your Rising Telecommunications Costs As a small business owner, you are under constant pressure to control your costs. You may have employees who work from home or who are mobile, such as salespeople, who make a high number of long-distance calls. As your business grows, your monthly phone bill likewise increases, TechAdvisory.org SME Reports sponsored by so you need to look for new but effective ways to minimize your telecom- munications costs. Based in Vancouver, Transparent focuses on Until recently, small businesses had no other real alternative to Public establishing long-term, mutually beneficial Switched Telephone Network (PSTN). However, today a technology called relationships with clients. Instead of banking Voice over Internet Protocol (VoIP) has become a viable solution for even on your system failures, our success is mea- small companies since broadband internet access has become more af- sured by your stability. Rather than sit around fordable and popular among small businesses. VoIP is a revolutionary and wait to profit from your problems, we work to prevent them. -
The Technology, Media and Telecommunications Review – Japan
Telecommunications Review Telecommunications the Technology, Media and and Media Technology, Technology, Media and Telecommunications Review Tenth Edition Editor John P Janka Tenth Edition Tenth lawreviews © 2019 Law Business Research Ltd Technology, Media and Telecommunications Review Tenth Edition Reproduced with permission from Law Business Research Ltd This article was first published in December 2019 For further information please contact [email protected] Editor John P Janka lawreviews © 2019 Law Business Research Ltd PUBLISHER Tom Barnes SENIOR BUSINESS DEVELOPMENT MANAGER Nick Barette BUSINESS DEVELOPMENT MANAGER Joel Woods SENIOR ACCOUNT MANAGERS Pere Aspinall, Jack Bagnall ACCOUNT MANAGERS Olivia Budd, Katie Hodgetts, Reece Whelan PRODUCT MARKETING EXECUTIVE Rebecca Mogridge RESEARCH LEAD Kieran Hansen EDITORIAL COORDINATOR Gavin Jordan HEAD OF PRODUCTION Adam Myers PRODUCTION EDITOR Caroline Herbert SUBEDITOR Janina Godowska CHIEF EXECUTIVE OFFICER Nick Brailey Published in the United Kingdom by Law Business Research Ltd, London Meridian House, 34-35 Farringdon Street, London, EC4A 4HL, UK © 2019 Law Business Research Ltd www.TheLawReviews.co.uk No photocopying: copyright licences do not apply. The information provided in this publication is general and may not apply in a specific situation, nor does it necessarily represent the views of authors’ firms or their clients. Legal advice should always be sought before taking any legal action based on the information provided. The publishers accept no responsibility -
Softbank Group - Wikipedia
10/15/2018 SoftBank Group - Wikipedia SoftBank Group SoftBank Group Corp. ( Sofutobanku ソ フ ト バ ン ク グ ル ー プ 株 式 会 社 SoftBank Group Corp. Gurūpu Kabushiki-gaisha)[4] is a Japanese multinational holding ソフトバンクグループ株式会 conglomerate headquartered in Tokyo, Japan. The company wholly owns 社 Softbank Corp., Softbank Vision Fund (in Japanese), Arm Holdings, Fortress Investment Group, Boston Dynamics, and also owns stakes in Sprint (ca.85%), Alibaba (29.5%), Yahoo Japan (48.17%), Bright Star (87.1%), Uber (15%), Didi Chuxing (ca.20%), Ola (ca.30%), Grab, Renren (42.9%), InMobi (45%), Hike (25.8%), Snapdeal (ca.30%), Brain, Fanatics (ca.22%), Guardant Health, Improbable Worlds (ca.50%), Mapbox, Nauto, Nvidia (ca.5%), One97 Communications (ca.20%), Oravel Stays (42%), OSIsoft, PingAn Heath Cloud (7.41%), Plenty United, Roviant Sciences, Slack Technologies (ca.5%), Vir Biotechnology, WeWork (ca.22%), Zhongan Online P&C Insurance (5%), Compass (ca.22%), Auto1 (ca.20%), Wag (45%), Katerra (ca.28%), Cruise Automation (ca.19.6%), Ele.me, Getaround, Packet (https://www.packet.net/bl og/announcing-our-series-a-funding-softbank/).[5] It runs the world's largest technology fund, Vision Fund.[6] The company is known for its leadership by founder Masayoshi Son.[7] It now owns operations in broadband; fixed-line telecommunications; e-commerce; internet; technology services; finance; media and marketing; semiconductor design; and other businesses. Tokyo Shiodome Building, SoftBank was ranked in the Forbes Global 2000 list as the 38th largest public SoftBank's global headquarters in company in the world,[8] and the 4th largest publicly traded company in Japan Tokyo. -
Earnings Results for the Fiscal Year Ended March 31, 2015 Data
Index Accounting -1 Consolidated Results Summary -1- Accounting -2 Net Sales, EBITDA, Segment Income -2- Accounting -3 EBITDA Margin, Segment Income Margin -3- Earnings Results Accounting -4 Finance Cost, Other Non-operating Income and Loss -4- Accounting -5 Capital Expenditure, Depreciation and Amortization -5- for the Year Ended Accounting -6 Consolidated B/S Assets -6- Accounting -7 Consolidated B/S Liabilities and Equity -7- Accounting -8 Sprint US-GAAP Bridge to SoftBank IFRSs -8- March 31, 2015 Finance Interest-bearing Debt, Cash Position, Financial Indicators -9- Operation -1 Mobile Communications -1 -10- Operation -1 Mobile Communications -2 -11- Operation -2 Sprint -12- Operation -3 Fixed-line Telecommunications -13- Data Sheet Reference -1 Main Financing Activities -14- Reference -2 Corporate Bonds and Commercial Paper Details (consolidated) -15- Reference -3 Trend of Credit Rating (SoftBank) -17- Reference -4 Dilution Gain from Changes in Equity Interest -18- May 11, 2015 at the Time of Alibaba's IPO SoftBank Corp. Accounting - 1 Consolidated Results Summary Unaudited Consolidated results FY2013 FY2014 (Millions of yen) Q1 Q2 Q3 Q4 Full year Q1 Q2 Q3 Q4 Full year Net sales 881,069 1,717,543 1,963,091 2,104,948 6,666,651 1,992,216 2,112,148 2,326,803 2,239,054 8,670,221 EBITDA (*) 354,272 483,827 477,961 462,432 1,778,492 592,058 530,509 487,117 523,218 2,132,902 EBITDA margin (*) 40.2% 28.2% 24.3% 22.0% 26.7% 29.7% 25.1% 20.9% 23.4% 24.6% Operating income 400,121 337,050 203,461 136,412 1,077,044 337,632 259,026 191,387 194,658 -
Softbank (9984)
30 October 2014 Asia Pacific/Japan Equity Research Integrated Telecommunication Services (Telecommunication Services (Japan)) / MARKET WEIGHT Softbank (9984 / 9984 JP) Rating OUTPERFORM* Price (29 Oct 14, ¥) 7,509 REINSTATEMENT Target price (¥) 10,000¹ Chg to TP (%) 33.2 Market cap. (¥ bn) 9,015.76 (US$ 83.39) Valuing large unrealized gains, FCF of over ¥1tn Enterprise value (¥ bn) 16,299.76 Number of shares (mn) 1,200.66 ■ Reinstate coverage: In conjunction with Credit Suisse's initiation of Alibaba Free float (%) 65.0 Group Holding coverage (The Giant Marches On), we resume coverage of 52-week price range 9,220 - 6,766 *Stock ratings are relative to the coverage universe in each Softbank with a ¥10,000 target price (potential return 33%) and analyst's or each team's respective sector. OUTPERFORM rating. The stock is currently trading at around ¥7,500, but ¹Target price is for 12 months. we think the market is undervaluing the company’s investment securities and Research Analysts existing business and has not priced in annual FCF in excess of ¥1tn or the Hitoshi Hayakawa future value of the company’s debt-funded global business strategy. 81 3 4550 9952 [email protected] ■ Unrealized gains on Alibaba shares, abundant FCF could support new M&A: Softbank generates annual FCF of more than ¥1tn from existing businesses, and the value of its shares in Alibaba mean it now has even greater scope to borrow. We see potential for another M&A deal of some several trillion yen if the right target emerges. However, a major deal could be a negative for the stock in the near term. -
Earnings Results for the Nine-Month Period Ended December 31, 2014
Index Accounting -1 Consolidated Results Summary -1- Accounting -2 Net Sales, EBITDA, Segment Income -2- Accounting -3 EBITDA Margin, Segment Income Margin -3- Earnings Results for Accounting -4 Finance Cost, Other Non-operating Income and Loss -4- Accounting -5 Capital Expenditure, Depreciation and Amortization -5- the Nine-month Period Accounting -6 Consolidated B/S Assets -6- Accounting -7 Consolidated B/S Liabilities and Equity -7- Accounting -8 Sprint US-GAAP Bridge to SoftBank IFRSs -8- Ended December 31, 2014 Finance Interest-bearing Debt, Cash Position, Financial Indicators -9- Operation -1 Mobile Communications -1 -10- Operation -1 Mobile Communications -2 -11- Operation -2 Sprint -12- Data Sheet Operation -3 Fixed-line Telecommunications -13- Reference -1 Main Financing Activities -14- Reference -2 Corporate Bonds and Commercial Paper Details (consolidated) -15- Reference -3 Trend of Credit Rating of SoftBank -17- Reference -4 Dilution Gain from Changes in Equity Interest -18- February 10, 2015 at the Time of Alibaba's IPO SoftBank Corp. Accounting - 1 Consolidated Results Summary Unaudited Consolidated results FY2013 FY2014 (Millions of yen) Q1 Q2 Q3 Q1-3 Q4 Full year Q1 Q2 Q3 Q1-3 Q4 Full year Net sales 881,069 1,717,543 1,963,091 4,561,703 2,104,948 6,666,651 1,992,216 2,112,148 2,326,803 6,431,167 EBITDA (*) 354,272 483,827 477,961 1,316,060 462,432 1,778,492 592,058 530,509 487,117 1,609,684 EBITDA margin (*) 40.2% 28.2% 24.3% 28.9% 22.0% 26.7% 29.7% 25.1% 20.9% 25.0% Operating income 400,121 337,050 203,461 940,632 136,412