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SoftBank CEO Critical of U.S. Wireless Market

Mar 11, 2014, 4:49 PM by Eric M. Zeman

SoftBank CEO and Sprint Chairman Masayoshi Son spoke to lawmakers today about the state of the U.S. wireless market. According to Son, the networks aren't fast enough and consumers are paying too much for them. "American consumers use less data traffic, but pay more. Is that a good situation?" posed Son. Son pitched the idea of entering the home broadband market as an alternative for consumers to companies such as Comcast, Time Warner, AT&T, and Verizon. "We need an alternative. I would like to volunteer, we would like to be the alternative," said Son. "We got the technology, we have to deploy many cells, it requires a lot of capital expenditure, it requires a lot of scale. We are bringing new technology to the States. Speed matters, with better speed we can bring next-generation applications and content." Son hopes his remarks help change the minds of those who might otherwise shoot down Sprint's possible acquisition of T-Mobile.

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Comments

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This forum is closed.

Tofuchong

Mar 11, 2014, 8:36 PM

I can't get behind this guy

I just can't get behind Son. His blind optimism seems to border on arrogance.

We are the alternative, we are the right choice! Just give us a chance..... please?

He just seems disingenuine to me, like a door-to-door sales man that promises you the world and then doesn't deliver. His poor grammar doesn't help, either. it really doesn't. I can't specifically put my finger on it, but I just don't like him.

Versed

I don't want him getting his hands on TMO, but I don't blame him for trying. Seems he did a lot of good in Japan.

...

T Bone

How do you expect the CEO of a major corporation to sound if not confident to the point of 'blind optimism'? He has to sound upbeat and optimistic, trying to put a positive spin on everything, or else the investors could bolt. CEO's sounding ridi...
(continues)

DarkStar

Still better than John Legere.

nicolasl46

Mar 12, 2014, 12:28 PM

We do need more options...

When it comes to consumer broadband service, at least in my area if you want a fast broadband connection you could only go with Time Warner for cable connection, or Verizon with DSL connection. You had the option of Earthlink internet service, but that was also through Time Warner. You know what is like to be paying $45 a month for a 15/1.5 broadband connection? On top of that, by next month Time Warner plans to up their fee to $57.99 a month. Speeds are not improving, is more congested than ever, and on top of that they want to charge more. Finally Verizon FiOS finished their installations last month in my area, so last week I switched right on time to save me from that increase. the problem is, who is going to stop Verizon from doing the s...
(continues)

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