Published 12:45 IST, December 27th 2023
SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar
T-Mobile US deal elevated SoftBank's internal rate of return (IRR) on its Sprint investment to 25.5 per cent.
![SoftBank arm trims stake in Paytm](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/4GEGVTHO6VAB7H7S766WDRZYJA1-170323195232816_9.webp)
SoftBank's Indian startup portfolio remains resilient, with about 50% of companies nearing or surpassing break-even points, demonstrating agility in cost-cutting amid economic challenges. | Image:
SoftBank
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09:14 IST, December 27th 2023