The strong opposition SoftBank CEO Masayoshi Son and Sprint CEO Dan Hesse encountered when meeting with antitrust officials didn’t go over so well with Son. According to Reuters, SoftBank Corp’s billionaire chief executive said he was not happy as just No. 3 in the U.S. mobile market and that consolidation was necessary there, as regulators indicate resistance to an acquisition of No. 4 carrier T-Mobile US Inc. “I am unable to make a comment regarding various rumors right now as anything I say would have consequences,” Son told a briefing of analysts and reporters in Tokyo on Wednesday after SoftBank reported a 13.4 percent decline in October-December net profit. “However what I can say is that the United States’ mobile industry is not competitive compared with other countries and its network is not good.”
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