SoftBank isn’t a name that we talk about often, but the Japanese company is important to the US mobile industry because it owns Sprint. And today SoftBank’s CEO made a noteworthy announcement in the US.
SoftBank CEO Masayoshi Son has agreed to invest $50 billion in the US and to create 50,000 jobs. Details on the investment and jobs haven’t been detailed, but considering that SoftBank owns Sprint, the No. 3 US carrier could benefit from this investment.
Son also commented on the election of Donald Trump. "I just came to celebrate his new job. We were talking about it. Then I said I would like to celebrate his presidential job and commit, because he would do a lot of deregulation,” Son said of President-elect Trump. “I said this is great. The United States would become great again.”
Masayoshi Son, appearing in Trump Tower lobby with DJT, held up this document to pool camera with details of what they just announced http://pic.twitter.com/3HYNSGsHpL
— Steve Kopack (@SteveKopack) December 6, 2016
SoftBank, owner of Sprint, pledges to invest $50 billion in US originally posted at http://phonedog.com
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