On Air Now

Current Show

WSAU Wisconsin Morning News   5:00 AM - 8:00 AM

Seth Mela, Tom King and Chris Conley

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
39° Feels Like: 33°
Wind: NE 9 mph Past 24 hrs - Precip: 0.01”
Current Radar for Zip

Today

Rain 41°

Tonight

Rain 36°

Tomorrow

PM Showers/Wind 57°

Alerts

Japan's Softbank plans $8.8 billion in capex this fiscal year

Pedestrians walk past a Softbank Corp branch in Tokyo October 15, 2012. REUTERS/Yuriko Nakao
Pedestrians walk past a Softbank Corp branch in Tokyo October 15, 2012. REUTERS/Yuriko Nakao

TOKYO (Reuters) - Japan's Softbank said on Wednesday it plans 700 billion yen ($8.8 billion) if capital expenditure in the year to next March 31.

Softbank, which announced this month it would buy a 70 percent stake in Sprint Nextel Corp, the third-largest U.S. carrier, said it plans capex of 550 billion yen ($6.9 billion) in following year to March 2014.

(Reporting by Mari Saito; Editing by Michael Watson)

Comments