SoftBank Targets $4.9 Billion via T-Mobile Share Sale, Bloomberg Reports

SoftBank Group Corp is planning to raise nearly $4.9 billion through an overnight block sale of shares in T-Mobile US, according to a report by Bloomberg News on Monday. The Japanese tech conglomerate is offering to sell 21.5 million T-Mobile shares at a price range of $224 to $228 per share.

The proposed sale price reflects a discount of over 3% from T-Mobile’s closing price of $230.99 on Monday. The stake represents approximately 1.9% of T-Mobile’s outstanding shares, based on Reuters calculations. Bank of America is reportedly handling the deal.

Neither SoftBank nor T-Mobile has issued public comments in response to the report.

SoftBank’s decision to divest part of its T-Mobile holdings comes shortly after it reported a 1.15 trillion yen ($7.94 billion) profit for the fiscal year ending March 2025, rebounding from a 227.6 billion yen loss the previous year. The move also signals SoftBank’s continued strategy of realizing gains from past tech investments to support its broader portfolio, which has included both major successes like Alibaba and high-profile failures like WeWork.

The sale is being conducted as an unregistered offering, typically structured to appeal to institutional investors without going through full regulatory disclosures.