Deals
SoftBank CEO Says T-Mobile-Sprint Deal Will Lift Competition
- If deal is nixed a second time, Son has ‘another possibility’
- Tech titan has ‘great interest’ in an investment in Uber
Sprint, T-Mobile Said to Be in New Talks
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After regulators blocked a merger of Sprint Corp. and T-Mobile US Inc. three years ago, the billionaire behind that deal is hoping he’ll finally get to create a stronger player in the U.S. wireless market.
“It makes sense not to have just two with such big market-share and two little ones,” SoftBank Group Corp. Chief Executive Officer Masayoshi Son said in an interview for “The David Rubenstein Show: Peer-to-Peer Conversations” on Bloomberg Television. “Three is a real fight, a real competition.”