Japan's Softbank poised to supercharge Sprint network
Softbank CEO Masayoshi Son isn't impressed with the high-speed wireless networks in the United States.
"Everytime I come to the U.S., I say 'Oh my God, the mobile phone network is so slow,'" Son said during a conference call with analysts today. Now, Son is in a position to change things to his liking after Softbank and Sprint Nextel agreed on a deal in which Softbank would take a 70 percent stake in the U.S. carrier. Sprint, which has struggled as a distant No. 3 carrier behind AT&T and Verizon Wireless, could get a boost from the deal, … Read more