Trump Takes Credit for Sprint Plan to Add 5,000 Jobs in U.S. (original) (raw)
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President-elect Donald J. Trump said that Sprint would be adding 5,000 jobs in the United States, while OneWeb, a start-up, would be adding 3,000.CreditCredit...Kevin Hagen for The New York Times
- Dec. 28, 2016
President-elect Donald J. Trump took credit on Wednesday for a decision by Sprint to add 5,000 jobs in the United States as he tried to deliver on his promise to force corporate America to focus on job creation at home rather than abroad.
“I was just called by the head people at Sprint, and they are going to be bringing 5,000 jobs back to the United States,” Mr. Trump told reporters at his Mar-a-Lago estate in Florida. “They have taken them from other countries. They are bringing them back to the United States.”
Sprint later said that the jobs were part of a previously announced commitment by Japan’s SoftBank, which owns a controlling stake in the mobile phone carrier, to invest $50 billion in the United States and create 50,000 positions. That announcement, made by Masayoshi Son, the chief executive of SoftBank, followed a meeting with Mr. Trump this month.
SoftBank is also a major investor in OneWeb, a satellite start-up that Mr. Trump said Wednesday would create an additional 3,000 jobs in the United States.
Although Mr. Trump claimed credit for SoftBank’s $50 billion investment in the United States, those plans predated the election, and Mr. Son has owned a controlling stake in Sprint, among other companies, for several years.
A Sprint spokeswoman, Adrienne Norton, said that the 5,000 jobs are part of the 50,000 increase Mr. Son promised, but that the new positions would be financed by the mobile phone carrier. “It will be a combination of newly created jobs and bringing some existing jobs back to the U.S.,” she said.
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