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.”