Softbank said at the end of July that its revenues rose 3% year-on-year to 666.3 billion Japanese yen (7.1 billion US dollars) in the quarter ending June 30, thanks primarily to a 9% jump in sales in its mobile communications division.
Softbank's mobile division increased its number of subscribers by almost 10% to almost 21 million, of which 93% now have a 3G device. Softbank said it plans to reduce capital spending to 220 billion yen in the year to March 31, 2010, down from 259 billion yen in the previous year source: Softbank statement
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