Rumor of FCC white smoke by insiders? My prediction (more of a guess) is that the FCC is leaning towards approval of Softbank acquiring 70% of Sprint, with the condition that they are not allowed to acquire the leased EBS/EBRS spectrum licenses from Clearwire. This would explain the jump in both stocks and why Son, Hesse and Prusch made a special trip to the FCC.
"Ms. Marlene H. Dortch, Secretary
March 18, 2013
Mr. Prusch noted the importance of speedy approval of these transactions, emphasizing
that they will provide additional funding for the expansion of Clearwire’s LTE services and that
any significant delay would make Clearwire more vulnerable."