Clearwire (CLWR +8.6%) shares take off after the struggling carrier announces a partnership with...

|By:, SA News Editor

Clearwire (CLWR +8.6%) shares take off after the struggling carrier announces a partnership with China Mobile (CHL) for developing hardware supporting TD-LTE 4G technology. TD-LTE offers higher potential download capacity than the FDD-LTE tech supported by VZ and T, and can also be deployed in cheaper spectrum.