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The Street's newfound skepticism about the likelihood of an expensive Sprint/Leap Wireless deal...

The Street's newfound skepticism about the likelihood of an expensive Sprint/Leap Wireless deal may not be good news for Leap's shares, but it clearly is for Sprint's (S +6.9%): the #3 U.S. carrier has erased the losses it saw yesterday after reports of a pending MetroPCS/T-Mobile deal (confirmed today) raised fears debt-laden Sprint would pay through the nose to buy Leap. 4G partner Clearwire (CLWR -0.4%) has largely tread water over the last 2 days, in spite of yesterday's volatility.
Comments (4)
  • dick kessler
    , contributor
    Comment (1) | Send Message
     
    for the life of me I really don't understand the volatility in clearwire. you would think that sophisticated commentators like motley fool would read and understand the fundamentals in this space.
    I think the only issues clear faces are damage to its leases of spectrum by people like me who are in a licensed area but not served-there are fcc rules about sitting on spectrum-but someone has to complain. certainly clear has a winning strategy about investing where the most use is to obtain the highest revenue per customer wholesale or retail. other than that the daily task of managing their business which they certainly have done by reducing or eliminating wimax turn ons when they didn't have the cash to do so along with less demand than central urban areas; strategically rolling with the wimax versus lte punch by proclaiming their agnostic on protocol stance. clear's management has been serious and sober especially compared with their former sprint partner's management. it seems to me that with the roll of the iphone dice by sprint on handsets the best thing that could happen to sprint stockholders is google buys them and installs new far more serious managment
    3 Oct 2012, 04:46 PM Reply Like
  • Steponit
    , contributor
    Comments (16) | Send Message
     
    Could be correct, however the churning of Sprint shares has produced serious profits for traders like me.
    4 Oct 2012, 01:39 AM Reply Like
  • bd4uandu
    , contributor
    Comments (1798) | Send Message
     
    Dick, your new to the Sprint/Clearwire thread aren't you?
    3 Oct 2012, 07:24 PM Reply Like
  • Steponit
    , contributor
    Comments (16) | Send Message
     
    You could be correct, however the churning of Sprint shares lately has produced serious profits for traders like me.
    3 Oct 2012, 10:51 PM Reply Like
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