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SoftBank raises $4.8bn from T-Mobile share sale to fund AI push
SoftBank Group has sold around a quarter of its stake in T-Mobile US for $4.8 billion, as the company seeks to fund its AI ambitions. Reuters reported that the company sold 21.5 million T-Mobile shares at $224 each. The shares were offered in a price range of $224 to $228 each, according to a term sheet that Reuters reviewed.
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NEW YORK] SoftBank Group raised around US$4.8 billion through a sale of T-Mobile US shares, a move that helps fund the ...
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