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back to article SoftBank gives Washington veto over Sprint board job

Japanese company SoftBank, currently wrapping a deal to buy 70 per cent of US mobile carrier Sprint, has taken the unusual step of giving the US government veto power over one member to be elected to the board of its acquisition target. SoftBank’s bid to take over America’s third largest operator was delayed for months while …

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  1. Anonymous Coward
    Anonymous Coward

    Protectionism

    I think they're setting themselves up for a trade war if the US carries on like this. There might be room for manoeuvre if there was any sort of proof that Chinese kit had back doors or was calling "home" but there isn't.

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