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Donald Trump says Sprint, OneWeb will create 8,000 US jobs

WATCH ABOVE: President-elect Donald Trump is touting promises by two companies to add eight thousand jobs in the U.S. as proof that he's delivering on his campaign promises. But it turns out those "new" jobs may be old news. Julianna Goldman has the latest from Washington. – Dec 29, 2016

U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will be bringing 8,000 jobs to the United States, celebrating the moves as a result of optimism associated with his election.

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It was unclear how the 8,000 jobs are related to a $50 billion investment announced in December by Japan’s SoftBank Group Corp, which is associated with both companies. SoftBank’s head, billionaire businessman Masayoshi Son, said at the time his investment would create 50,000 jobs.

“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 told reporters outside his Mar-a-Lago estate in Florida.

READ MORE: Donald Trump says $50 billion SoftBank investment pledge due to his election win

“And also OneWeb, a new company, is going to be hiring 3,000 people. So that’s very exciting,” he added.

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OneWeb Ltd on Dec. 19 announced it had raised $1.2 billion and planned to use the funds to build a plant in Florida to produce low-cost satellites, creating almost 3,000 jobs over four years.

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WATCH: Donald Trump continues to bristle at notion Obama could have beaten him in a general election

 

Sprint Corp is 82 percent owned by SoftBank and SoftBank has agreed to invest $1 billion in OneWeb.

Sprint did not immediately respond to requests for comment about the jobs mentioned by Trump. Sprint shares ticked down about 0.3 percent in after-hours trading.

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Since winning election last month, Trump has become personally involved in a series of company issues, including intervening to curb the number of jobs being sent to Mexico by United Technologies Corp’s Carrier unit.

READ MORE: Trump slams Obama over treatment of Israel, reverses take on presidential transition

A wealthy New York businessman, Trump pledged during his White House campaign to do more to protect workers’ interests.

During his campaign, Trump singled out numerous companies for criticism, including Ford Motor Co, Amazon.com Inc , Apple Inc, H&R Block Inc, Mondelez International Inc and Starbucks Corp.

Trump takes office on Jan. 20.

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