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General

SoftBank CEO pledges USD 50 bln investment after Trump meet

Wednesday 7 December 2016 | 09:14 CET | News
SoftBank CEO Masayoshi Son has pledged to invest USD 50 billion in the US and create 50,000 American jobs in the next four years, after a 45-minute meeting with US President-elect Donald Trump, the Nikkei Asian Review reports. SoftBank, which already owns US mobile operator Sprint, will invest in startups, especially IT companies, Son told reporters in the lobby of the Trump Tower in Manhattan, voicing expectations that the US economy will grow and expand business opportunities under the incoming president. The planned investment will come through a fund SoftBank plans to establish at a

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Categories: General
Companies: Softbank / Sprint
Countries: United States
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