SoftBank Said to Hit 2T Yen Retail Sales Target for Telecom IPO

The transcript discusses SoftBank's IPO, initially valued at 2.4 trillion yen, with potential to reach 2.6 trillion. Retail investors have shown strong interest, securing orders for 2 trillion yen. The institutional tranche faces challenges, particularly with foreign investors, despite a global roadshow. Demand is strong, with potential to surpass Japan's largest IPO, NTT in 1987. Market competition, especially from Rakuten, poses risks, with government pressure to lower tariffs adding complexity.

What was the total amount of the IPO mentioned in the text?

What is the indicated share price for the IPO?

What challenges are mentioned regarding selling to foreign investors?

How does the text describe the demand for the IPO?

What potential competition is mentioned that could affect SoftBank's IPO?