Clearwire (CLWR) Surges on Potential Sprint (S) Agreement

October 26, 2011 9:05 AM EDT
Shares of Clearwire Corporation (Nasdaq: CLWR) are surging in pre-open action Wednesday after Sprint Nextel (NYSE: S) said the two sides are negotiating a potential network-sharing agreement for LTE. Sprint commented about this on its conference call this morning.

Clearwire last traded at $2.08, up 27 percent from Tuesday's close.


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