SoftBank raises $4.8 billion from T-Mobile share sale - report

6 hours ago 1
SoftBank headquarters in Silicon Valley

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  • SoftBank Group Corp (OTCPK:SFTBY) (OTCPK:SFTBF) has reportedly raised approximately $4.8 billion by selling shares of T-Mobile US (NASDAQ:TMUS), a move aimed at supporting the Japanese conglomerate’s ambitious artificial intelligence initiatives.
  • The Tokyo-based technology group sold 21.5 million T-Mobile (NASDAQ:

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