Trump: Sprint to Add 5,000 New US Jobs

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The latest round of Donald-Trump-inspired job growth is at Sprint, which said Wednesday that it will add 5,000 jobs in the US by the end of 2017.

Sprint, the nation's fourth largest cell phone carrier, said in a statement that the jobs will be spread over a variety of business categories, including customer service and sales, but it has yet to determine their geographic locations.

President-elect Trump first announced Sprint's plans in a brief meeting with reporters Wednesday afternoon.

"I was just called by the head people at Sprint and they are going to be bringing 5,000 jobs back to the United States, they are taking them from other countries," Trump said outside his Mar-a-Lago estate in Florida, Reuters reported.

Sprint's statement phrases its commitment a bit differently, saying the company will "create or bring back to America 5,000 jobs." Still, at face value the plan is an achievement for Trump, who made job growth one of the central issues of his presidential campaign and announced a similar initiative at air conditioner maker Carrier last month.

"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.," Sprint CEO Marcelo Claure said in a statement.

But the new jobs may have an uncertain future, given Sprint's tenuous position in the US wireless market. The majority of the company's shares are held by Japanese tech conglomerate Softbank, whose CEO Masayoshi Son would like Sprint to merge with T-Mobile. The Obama administration shot down a proposed merger in 2014, although Trump may be more favorable to such a deal.

Softbank separately pledged earlier this month to invest $50 billion in the US and create 50,000 jobs. A Sprint spokesperson told PCMag that the 5,000 jobs announced on Wednesday are part of that total, but that "these jobs will be funded by Sprint, not SoftBank."

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