U.S. car manufacturers decades ago milked profits out of poor technology
and got outcompeted by Japan on both quality and price.
The same thing is happening right now with fast Internet service.
We may not have to wait for Verizon and AT&T to get around
to offering
affordable fast 4G LTE Internet service:
Sprint may do it first, now that Japan’s Softbank is stepping in.
Roger Chang wrote for CNET News 15 October 2012,
Japan’s Softbank poised to supercharge Sprint network:
Softbank CEO complains that U.S. networks are too slow, and with his $20 billion bid for Sprint, he aims to do something about that.
Softbank CEO Masayoshi Son isn’t impressed with the high-speed
wireless networks in the United States.“Everytime I come to the U.S., I say ‘Oh my God, the mobile phone
network is so slow,'” Son said during a conference call with
analysts today.Now, Son is in a position to change things to his liking after
Softbank and Sprint Nextel agreed on a deal in which Softbank would
take a 70 percent stake in the U.S. carrier.Sprint, which has struggled as a distant No. 3 carrier behind AT&T
and Verizon Wireless, could get a boost from the deal, in which
Softbank spends $12.1 billion to buy the controlling stake and
another $8 billion in investment into the company.
What’s he aiming at improving?
















