TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

5G Evolution

5G Evolution

SoftBank targets $283 million to help social issues in Japan through 5G

Yanitsa Boyadzhieva
By Yanitsa Boyadzhieva

Apr 7, 2022

via Flickr © Japanexperterna.se (CC BY-SA 2.0)

via Flickr © Japanexperterna.se (CC BY-SA 2.0)

  • SoftBank is raising money to accelerate its 5G deployment in Japan
  • It believes 5G will provide the foundation for ‘Society 5.0’, as envisioned by the Japanese government
  • The operator maintains 5G and related technologies can tackle social issues in its domestic market

Japanese operator SoftBank plans to raise up to JPY35 billion (approximately $283 million) to tackle social issues in its domestic market by speeding up its 5G rollout in the country.
Dubbed a ‘Social Loan’, the funding will be used exclusively for the construction of 5G base stations, but proceeds will also be poured into resolving “various social issues in Japan”. These include a declining birth rate, ageing population and over-concentration in the country’s biggest cities. The mobile operator said it could help by supporting an initiative of the Japanese government for a transition to ‘Society 5.0’.
More specifically, the vision by the Japanese authorities is to create a “human-centred society” where there is an advanced convergence between the virtual and the physical space, which enables artificial intelligence (AI), big data and robots to “perform or support as an agent the work and adjustments that humans have done up to now.”
“This frees humans from everyday cumbersome work and tasks that they are not particularly good at, and through the creation of new value, it enables the provision of only those products and services that are needed to the people that need them at the time they are needed, thereby optimising the entire social and organisational system,” the government plan states. “This is a society centred on each and every person and not a future controlled and monitored by AI and robots.”
According to SoftBank, 5G and its associated benefits - such as ultra-high speeds, reliability, low latency and massive device connectivity - can help in finding a fix for numerous social issues and realise this new version of society.
It added that the next-gen network serves as a basis for services such as autonomous driving systems, telemedicine and smart cities. In addition, the operator says 5G is a cornerstone for the digital transformation of industries.
“SoftBank also believes that 5G networks can greatly contribute to the birth of new industry sectors and create new value,” the company said in its statement announcing the plan.
The mobile operator is led by a concept of “a world where all things, information and minds are connected” which, it says, can enable a sustainable society.
Another goal, of course, is to enhance its corporate value which it claims will happen through utilising “its robust business infrastructure and technologies such as 5G, IoT and AI”.
SoftBank also maintains its 5G network rollout is an answer to four big priority areas it has outlined, which include building society and industry through digital transformation, “connecting people and information to create new excitement”, creating new business through open innovation and establishing “high-quality social communication networks”.
By the end of March 2022, SoftBank’s population coverage ratio for Japan will have surpassed 90%. With the fresh funding, it will now look to accelerate the rollout of its 5G network.
The borrowing will be in the form of a syndicated loan, with backers including Mizuho Bank Europe, SMBC Bank International, MUFG Bank Europ, and Crédit Agricole Corporate and Investment Bank. The amount is agreed to be paid back by 31 January 2031.
This move is part of SoftBank’s Sustainability Finance initiatives, which earlier this year involved issuing a sustainability bond that will fund the company’s High Altitude Platform Station (HAPS) business. SoftBank hopes that creating wide-area telecom networks from the stratosphere will provide viable country-wide connectivity.
- Yanitsa Boyadzhieva, Deputy Editor, TelecomTV

Related Topics
  • 5G Evolution,
  • AI & ML,
  • Analysis & Opinion,
  • Asia-Pacific,
  • Data & Analytics,
  • Network Automation,
  • News,
  • SoftBank,
  • Telco & CSP,
  • The Green Network

More Like This

5G Evolution

Verana Networks announces field trial agreement with Verizon for its ground-breaking 5G mmWave IAB solution

Feb 2, 2023

5G Evolution

Verizon receives high marks in network performance from nation’s leading analysis company

Feb 2, 2023

5G Evolution

Qualcomm and Samsung Partner to Bring the Fastest Snapdragon Ever to Galaxy S23 Series Globally

Feb 1, 2023

5G Evolution

Ericsson and Ooredoo Qatar provide artificial intelligence solutions for customer experience leveraging Microsoft Cloud Datacenter

Feb 1, 2023

Digital Platforms and Services

What’s up with… Orange, BT, TelcoDR and STL

Jan 31, 2023

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

0:46

The Cloud Native Telco Summit returns this September!

8:32

Azita Arvani on Being a Female Leader at Rakuten Symphony

16:19

AT&T Amy Zwarico on securing telco applications in the public cloud

1:44

Join us for the greatest industry debate of the year!

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us
  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).