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SoftBank CEO Masayoshi Son Thumps U.S. Internet Speeds, Pumps Alibaba (Video)

He declined to answer questions about the prospective acquisition of T-Mobile by Sprint.

Asa Mathat

In his appearance Wednesday at the inaugural Code Conference, SoftBank CEO Masayoshi Son singled out U.S. Internet speeds as antiquated and out of step with the rest of the world. He declined to directly address questions about whether Sprint, a company in which SoftBank has a significant stake, would acquire T-Mobile, but he lauded the mobile carrier as disruptive. Son also talked up the value of Alibaba, the Chinese e-commerce giant that has filed for an initial stock offering.

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