In an era of increasing foreign investment in the United States, few have been as acquisitive — or disruptive — as Masayoshi Son, the billionaire Japanese founder of SoftBank. He has also muscled onto Wall Street’s turf with his launch of a private equity firm that hopes to rival the titans Blackstone and K.K.R. In the United States, his highest profile wager has been his majority ownership of Sprint, the nation’s fourth-largest wireless provider. Son has vowed to take on AT&T and Verizon, the leading United States mobile companies. But Sprint, burdened with a heavy load of debt, has struggled, and the goal remained elusive.

Source: New York Times April 29, 2018 17:48 UTC