SoftBank cuts FY profit target on Sprint woes; second-quarter profit down 23 percent

TOKYO (Reuters) – SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its profit forecast as Sprint Corp, the U.S. carrier it bought for $21.6 billion, continues to lose customers with no quick fix in sight.



Link to article: feeds.reuters.com/~r/reuters/businessNews/~3/5kDcxYLRsyg/story01.htm

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