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MarketScreener Homepage  >  Equities  >  Tokyo  >  SoftBank Corp    9434   JP3732000009


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SoftBank Corp. : and HAPSMobile-led Proposal for Expanded Use of HAPS Spectrum Bands Approved as Asia-Pacific Common Proposal to World Radiocommunication Conference 2019

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10/24/2019 | 02:31am EST

SoftBank Corp. (“SoftBank”) and its subsidiary HAPSMobile Inc. (“HAPSMobile”) are conducting international standardization activities related to High Altitude Platform Station (HAPS) spectrum at the International Telecommunication Union Radiocommunication Sector (ITU-R) and Asia-Pacific Telecommunity (APT). Both companies today announced that the proposal to APT for HAPS spectrum bands, which was drafted by SoftBank and HAPSMobile to represent Japan, was approved as an Asia-Pacific region common proposal (APT Common Proposal) for deliberation at ITU-R’s World Radiocommunication Conference 2019 (WRC-19). At WRC-19, which takes place from October 28 to November 22 in Egypt this year, regional common proposals, including the APT Common Proposal, will be discussed to decide on whether they will be adopted as agenda items for World Radiocommunication Conference 2023 (WRC-23).

When HAPS is operated as mobile base stations, the 2GHz mobile spectrum band can be used, but the usage of other global mobile spectrum bands such as 700-900MHz, 1.7GHz, and 2.5GHz is currently prohibited under international regulations. The approved APT Common Proposal led by SoftBank and HAPSMobile proposes that HAPS spectrum bands be expanded to global mobile spectrum bands outside 2GHz to allow operators flexibility when implementing mobile broadband communication systems that use HAPS.

Similar regional common proposals relating to expanded spectrum bands for HAPS mobile base stations have been agreed by the Americas and Africa regions at the Inter-American Telecommunication Commission (CITEL) and the African Telecommunications Union (ATU), respectively.

To help realize a world where all people and things are connected by utilizing HAPS technology, SoftBank Corp. and HAPSMobile will continue to conduct international standardization activities for HAPS spectrum bands while coordinating with the relevant authorities in various countries.

About SoftBank Corp.
Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) combines telecommunications services with cutting-edge technologies to create and operate new businesses. SoftBank Corp. serves more than 44 million mobile consumer and enterprise subscribers in Japan, and as part of its “Beyond Carrier” strategy, is redefining industries by leveraging its unique strengths as a network operator to fully harness the power of 5G, big data, AI, IoT, robotics and other key technologies. To learn more, please visit www.softbank.jp/en/.

About HAPSMobile
HAPSMobile Inc. is a subsidiary of SoftBank Corp. that plans and operates a High Altitude Platform Station (HAPS) business with the aim of bridging the world’s digital divide. HAPSMobile is primarily engaged in network equipment research and development for the HAPS business, construction of core networks, new business planning and activities for spectrum usage. AeroVironment, Inc. (NASDAQ: AVAV) is HAPSMobile’s minority owner and aircraft development partner for “HAWK30,” a solar-powered unmanned aircraft designed for stratospheric telecommunications platform systems that flies approximately 20kms above ground in the stratosphere. HAPSMobile has a strategic relationship with Loon, a subsidiary of Alphabet, the parent company of Google. For more information, please visit https://www.hapsmobile.com.

  • SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries.
  • Other company, product and service names in this press release are registered trademarks or trademarks of the respective companies.


© Business Wire 2019
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Financials (JPY)
Sales 2020 4 831 B
EBIT 2020 893 B
Net income 2020 509 B
Debt 2020 3 603 B
Yield 2020 5,76%
P/E ratio 2020 14,2x
P/E ratio 2021 13,7x
EV / Sales2020 2,23x
EV / Sales2021 2,04x
Capitalization 7 169 B
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 1 608,67  JPY
Last Close Price 1 512,00  JPY
Spread / Highest target 27,3%
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