Trump touts plans by Sprint and OneWeb to create 8000 US jobs – Los Angeles Times

President-elect Donald Trump on Wednesday touted plans by telecom company Sprint and technology start-up OneWeb to hire a total of 8,000 workers in the U.S. in what he said was “very good news” for the economy.

He appeared to be highlighting previously made jobs announcements.

OneWeb, which is building a network of satellites to deliver high-speed Internet access, said on Dec. 19 that it expected to create nearly 3,000 jobs in the U.S. over the next four years after securing $1.2 billion in funding, mostly from Japan’s SoftBank Group Corp.

And the head of SoftBank, which owns Sprint, said on Dec. 6 that the company had agreed to invest $50 billion in the U.S. and create 50,000 jobs here.

The announcement by SoftBank Chief Executive Masayoshi Son came after he met with Trump at Trump Tower in New York City. Trump touted it that day.

Speaking at his Mar-a-Lago estate in Palm Beach, Fla., on Wednesday, Trump said Sprint was “going to be bringing 5,000 jobs back to the United States.”

“They have taken them from other countries. They are bringing them back to the United States,” Trump said.

Sprint, though, said in a statement that the jobs would be a mixture of new positions and others that were reinstated. It wasn’t clear whether those jobs were part of the 50,000 that were mentioned earlier in the month at Trump Tower.

“We are excited to work with President-Elect Trump and his administration to do our part to drive economic growth and create jobs in the U.S.,” said Sprint CEO Marcelo Claure. “We believe it is critical for business and government to partner together to create more job opportunities in the U.S. and ensure prosperity for all Americans.”

Trump also said the OneWeb hiring “is very exciting.” OneWeb did not immediately respond to a request for comment.

3:25 p.m.: This story was updated with comment from Sprint.

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