SoftBank CEO Masayoshi Son Says Dish Network Deal Is “Ridiculous”
Masayoshi Son, the CEO of SoftBank, is not happy that Dish Network outbid his company for an acquisition of Sprint. Son called the idea of Dish merging their satellite TV service with Sprint’s wireless service “ridiculous.” Son criticized Dish Network’s deal for Sprint during a 90 minute investor presentation meeting in Japan. During the presentation, he discussed why SoftBank’s offer is superior and believes that they do not need to increase their offer for Sprint.
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