SoftBank borrows $282M to boost its 5G network in Japan
By MYBRANDBOOK
SoftBank is borrowing about $282 million (35,059,487,624 yen) for the development of 5G base stations with the aim of further strengthening its 5G network in Japan. According to SoftBank, at the end of March 2022, it covers 90% of the Japanese population with its 5G network.
But this new loan financing will go toward increasing the population coverage ratio to 95% by the end of March 2024 through further expansion (using terrestrial 5G base stations).
SoftBank also has a High Altitude Platform Stations (HAPS) initiative that is working to provide a “stratospheric communication platform that provides a communication network from the stratosphere to a wide area…and realizing a society where everyone can connect to a stable communication network.”
In September 2021 SoftBank acquired approximately 200 HAPS patents from Alphabet’s Loon following the winddown of Loon. With these patents, SoftBank and its subsidiary HAPSMobile now own approximately 500 HAPS-related patents.
SoftBank said, “With this funding, we will further accelerate the strengthening and deployment of 5G networks.” Technologically speaking, SoftBank says it will automate and streamline various base station settings, communication tests, and radio wave emissions preparation, and will work on the early deployment of 5G networks.
SoftBank also said the funds would be “contributing to the solution of various social issues.” The company makes a connection between its 5G network and social issues because wireless is “indispensable social infrastructure for daily life.”
SoftBank wants to help Society 5.0 with its 5G network, using it as the foundation for innovative services such as automated driving, telemedicine, and smart cities, as well as industrial digital transformation (DX).
BREAKING NEWS
TECHNO TRENDS
Microsoft to build a new data centre to support Thailand's tec
Microsoft has revealed intentions to construct a regional data centre as w...
SAP launches cloud services to help Indian scaleups innovate m
SAP at SAP unveils now "GROW with SAP for Scaleups," a new cloud service d...
Denodo and Sonata form alliance to unlock data-to-value creati
Denodo and Sonata Information Technology India Limited (SITL) have annou...
Google Play Store will now let users download two apps simulta
Google Play Store now lets users download two apps simultaneously. While a...
E-Magazine
TECHNOTAINMENT
ED attaches Raj Kundra, Shilpa Shetty’s Rs 97 crore worth as
The Enforcement Directorate (ED) has seized businessman Raj Kundra's pro
Salman Khan trolled for singing with B Praak at Anant Ambani's
To celebrate Mukesh Ambani's youngest son Anant Ambani’s 29th birthday
MOVERS & SHAKERS
DigiCert names Atri Chatterjee as CMO
DigiCert has announced the appointment of Atri Chatterjee as Chief Market
Amagi names its Chief Product Officer
Amagi announced the appointment of Richard Perkett as its Chief Product Of
OPEN YOUR EYES
INTERVIEWS
Technology and a robust partner network help position Allied T
Allied Telesis in India has a strong and growing team that is very customer
HPE Aruba Networking bridging the physical and digital worlds
The information technology industry is a critical component of the 21st cen
HOT PICK
COLORFUL rolls out an array of gaming laptops
COLORFUL launched its incredible series of COLORFUL EVOL P15 gaming laptop
Dell Technologies launches new AI-powered commercial PC portfo
Dell Technologies has launched the broadest portfolio of commercial AI lap
MAKE IN INDIA BRANDS
BEETEL TELETECH LTD.
TEJAS NETWORKS INDIA PVT. LTD.
SAFE SECURITY SERVICES PVT. LTD.
SECUREYE SERVICES PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Technology Icons Of India 2023: Kulmeet Bawa
Kulmeet Bawa resides as President & Managing Director, SAP Indian subc...
Technology Icons Of India 2023: Sridhar Vembu
Sridhar Vembu is an Indian billionaire business magnate and the Founde...
Technology Icons Of India 2023: Shailendra Katyal
Shailendra is instrumental in Lenovo achieving the no.1 position in PC...
PARTNER SPEAKERS
PSU
C-DAC keeps India ahead in IT & Electronics R&D space
Centre for Development of Advanced Computing (C-DAC) is the premier R&...
BSE provides highly secure, efficient and transparent market for trading
BSE (formerly known as Bombay Stock Exchange Ltd.) is Asia's first & t...
BEL leveraging next generation technologies to keep the country ahead in Defence space
Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry ...
VIDEOS
Top 25 Brands
Value-Added Distribution
INFLOW TECHNOLOGIES PVT. LTD.
Inflow Technologies is a niche player in the IT Infrastructure Distrib...
ADITYA INFOTECH LTD.
Aditya Infotech Ltd. (AIL) – the technology arm of Aditya Group, is ...
TECH DATA, A TD SYNNEX COMPANY
Tech Data Corporation was an American multinational distribution compa...
ITFORUM 2024
WIITF 2024
CMO of the Year
WOMEN LEADERSHIP
EMINENT CIO's OF INDIA
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
