Trump family’s next venture, a mobile phone company
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We don’t know much about the new Trump Mobile phone or the company’s data plan, but we sure do have a lot of questions.
SoftBank Group Corp. raised around $4.8 billion through a sale of T-Mobile US Inc. shares, a move that helps fund the Japanese company’s grandiose plans for artificial intelligence.
Japan's SoftBank has raised $4.8 billion from a sale of 21.5 million T-Mobile shares at $224 each, according to a term sheet reviewed by Reuters. The shares were offered in a price range of $224 to $228 each,
Beginning September, Trump Mobile will sell the T1 phone for $499 and a wireless service to let users make calls, send messages and use data — all unlimited for $47.45 a month. Trump's election campaign slogan “Make America Great Again” is displayed prominently on the T1 mobile phone.
Japan's SoftBank raised $4.8 billion from a sale of 21.5 million T-Mobile shares at $224 each, according to a term sheet reviewed by Reuters.
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Trump Mobile, unveiled by Donald Trump Jr. and Eric Trump, will sell American-made phones and monthly plans with telemedicine, roadside assistance included.
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