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SoftBank Chairman Masayoshi Son’s pessimistic view of U.S....

SoftBank Chairman Masayoshi Son’s pessimistic view of U.S. wireless competition doesn’t align with reality (CD March 12 p1), said Stephen Pociask, president of the American Consumer Institute, in a statement. “The reality is that consumers are benefiting from competition in…

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the industry and the United States is the clear leader in the world in deployment and adoption of advanced 4G networks,” he said. “Consumers will continue to reap these benefits and more if the industry is allowed to innovate and isn’t saddled with unnecessary regulations in the name of protecting -- or propping up -- competitors. … Regulators must keep that in mind and not overreact to any one company’s rhetoric -- especially the FCC as it plans the incentive auction."