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.

The Trump Organization on Monday announced the creation of a new wireless service called Trump Mobile that it hopes will rival US telecom providers like AT&T, Verizon and T-Mobile.

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.

SoftBank Group Corp. is seeking to raise as much as $4.9 billion in an unregistered overnight block sale of T-Mobile US Inc. shares, according to terms of the deal seen by Bloomberg News.

For a prepaid phone service, Trump Mobile is a bad deal. Prepaid plans are usually designed to offer a mix of affordability and flexibility — most of them let you pay or cancel month to month. They usually include fewer perks than post-paid phone plans, but you can generally get a better price.

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,

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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