Bloomberg Thailand plans to sell three 700 megahertz spectrum licenses for a total of about $1.7 billion as part of an effort to develop fifth-generation wireless services. The sale at a fixed price of 17.6 billion baht each will take place on June 19, Takorn Tantasith, the secretary general of the National Broadcasting & Telecommunications Commission, said in Bangkok. The ...

Bloomberg In the months leading up to Uber Technologies Inc’s market debut, Masayoshi Son made a habit of pointing out that SoftBank Group Corp is the world’s largest investor in ride-hailing companies. Suddenly, it doesn’t seem like such an enviable position. SoftBank has lost about $16 billion in market value in the past three trading days as Uber plunged nearly ...

Bloomberg Takeda Pharmaceutical Co forecast a surprise operating loss for the year due to acquisition costs and related charges from its $62 billion purchase of Shire Plc, but the Japanese drugmaker said the deal will result in bigger-than-projected cost savings. The company raised its annual cost savings target to $2 billion from $1.4 billion by the end of fiscal 2021, ...