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SoftBank books $7 billion quarterly loss on US data centre hit

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Summary

By Anton Bridge TOKYO, Nov 10 (Reuters) - Technology investor SoftBank Group said on Tuesday it booked a net loss of 1.1 trillion yen ($7 billion) in the July-September quarter, hit hard by hefty advance payments it made to support the buildout of data centres in the US. The result compares with 2.5 …

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