real-time news and commentary for investors
Tuesday, Dec 18
2012, 1:05 PM
Sprint (S) has brought its LTE network to Indianapolis and 5 other markets, and expanded...
Sprint (S) has brought its LTE network to Indianapolis and 5 other markets, and expanded coverage in the Chicago area. The carrier, which is scrambling to catch up to Verizon and AT&T, says it now has 49 markets covered. Also, Sprint has disclosed Clearwire (CLWR) will receive a $120M termination fee if the SoftBank (SFTBF.PK) deal doesn't go through. FierceWireless' Roger Entner notes the Clearwire purchase will make Sprint America's largest spectrum holder, and wonders if the FCC (more concerned lately with AT&T/Verizon) will scrutinize the deal