Clearwire (CLWR) +2.5% premarket as Jefferies starts coverage at Buy and a $3 target. As "the...

|By:, SA News Editor

Clearwire (CLWR) +2.5% premarket as Jefferies starts coverage at Buy and a $3 target. As "the prospect of spectrum crunch is real... Clearwire’s deep nationwide spectrum, its recently enunciated LTE plan, and liquidity from recent financing to fund the upgrade, make it a viable wholesale partner to any wireless operator."