SoftBank’s Boss Bet $22 Billion on Sprint. It Was a Slog.

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Billionaire Masayoshi Son sought to upend the U.S. wireless market with Softbank’s 2012 takeover of Sprint. But eight years later, after a “huge struggle,” he’s accepting compromise.

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For Japanese billionaire Masayoshi Son, a U.S. judge’s recent decision to approve a merger between Sprint Corp. and rival T-Mobile US Inc. is long-awaited payback on his $22 billion investment. But it is far from the triumph the maverick investor was seeking when he announced he was taking control of Sprint in 2012.

At that time, the SoftBank Group Corp. boss was running Japan’s third-ranked mobile-phone company. Combined with Sprint, he gleefully told the audience at a Tokyo press conference, SoftBank was the No. 3 mobile...

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Would have made 3.2x at today's prices

Hard to run a carrier. Everyone buying iphones was a nobrainer. Son should have just bought truckload of Apple shares.

Let me cry bitter tears for the poor billionaire. Lol.

Why anyone would want to fight over Sprint is beyond me.

Go for it, Son-san!!

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