Last week Clearwire's CEO Bill Morrow resigned in a wider management shake-up as the wireless operator tries to resolve a dispute with majority owner Sprint Nextel. Two other top executives are also leaving and the finance chief is moving to an operational role.
Sprint owns 54 percent of Clearwire. In late 2010, investors were hopeful that Sprint would buy Clearwater, however Sprint dismissed these claims.
For those of you who do not know CLWR has S's 4G Spectrum 2x(+) the 800MHz Spectrum. Looks like Sprint already has CLWR in their back pocket and do not need to buy out the company as they have the "POWER OF THE PEN HERE"
Getting excited yet!
There's more........ just take this in and DD it and you will figure out the other IMMINENT FACT to appear.
S should spike in the AM, it may not. It will in a matter of a few trading sessions when the Analysts report to thier Funds the developments and what this means. Money is going to flow into S Equity at record levels.
Check your L3 Quote on S when you are doing the DD, you always get a better view of a share price from L3 than from L2....LOL!
It is going to be switched to "LTE". The one in use now is going to be history & LTE is taking its place. Just so you do not try and bash me Spring uses 3 MMHz's....... I am no fool. Chambers of CSCO wrote me a letter for scoring a 998 of 1000 on my CCNA Exam after I spent 2 years in his Academy. Those 2 points came fro 1 question that was questionable..... my answer was correct; they modified the exam after that and reworded the question. Do You know how many people score a 998 of 1000 on a CCNA Exam? That's right!