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February 17, 2020
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Japanese telcom SoftBank posts 15% rise in third-quarter profit, hikes full-year forecast

TOKYO- Japanese telco SoftBank Corp on Friday reported a 15% rise in third-quarter operating profit, beating estimates, underpinned by its mobile business. SoftBank also raised its full-year operating profit forecast to 900 billion yen (£6.3 billion) from 890 billion yen previously. Operating profit in the October-December quarter was 243 billion yen versus 211 billion yen