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SoftBank CEO: Top two U.S. Mobile Operators Hold Oligopolistic Position

SoftBank Corp Chief Executive Masayoshi Son said on Wednesday that the top two U.S. mobile operators have an oligopolistic position in the U.S. markets. SoftBank CEO Top two U.S. mobile

Earlier, Son declined to comment on reports that his company’s subsidiary Sprint Corp was looking to buy U.S. rival T-Mobile US.

He also declined comment on U.S. regulators’ reported skepticism about a potential merger between Sprint and T-Mobile.

(Reporting by Sophie Knight; Editing by Dominic Lau and Edmund Klamann)

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