Andre Yoskowitz
31 May 2014 13:24
SoftBank, Japan's third-largest carrier and parent of Sprint, has admitted that the carrier's 4G LTE network sucks.
CEO Masayoshi Son confirmed the company would need "greater scale" if it could even pretend to compete in the U.S. market dominated by Verizon and AT&T. The U.S.' fourth largest carrier, T-Mobile, has been taking market share quickly thanks to innovative pro-consumer moves like price cuts and true unlimited data.
Sprint has been rumored to be trying to merge with T-Mobile, and Son had kind words for the carrier: "I strongly admire them. I strongly admire the price disruption." The executive also praised the leadership of T-Mobile CEO John Legere.
As far as Sprint's shoddy network is concerned, Son says, "I've only owned the company for six months. It takes a few years to build. We have to design the network."
Source:
Reuters