Sprint and OneWeb to Return 8,000 Jobs to U.S. Thanks to Trump Optimisim

President-elect Donald Trump said Wednesday that Sprint will bring 5,000 jobs back to the United States from overseas, while another company OneWeb will add 3,000 jobs in the U.S.

Trump said the deal “was done through” SoftBank CEO Masayoshi Son, a Japanese billionaire and technology investor. Earlier this month, the pair announced in New York that SoftBank agreed to invest $50 billion in the U.S. and aimed to create 50,000 jobs.

It is unclear whether all of the positions announced Wednesday are part of the 50,000 jobs pledge detailed previously.

 SoftBank owns about 80 percent of Sprint and earlier this month invested $1 billion in OneWeb, a U.S. satellite venture that aims to provide affordable internet. Son said at the time that the OneWeb investment was the “first step” in his commitment to Trump.
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