Contradicting yesterday's JPMorgan speculation, CNET reports Sprint (S) will confirm its 4G...

|About: Sprint Corporation (S)|By:, SA News Editor

Contradicting yesterday's JPMorgan speculation, CNET reports Sprint (S) will confirm its 4G network-sharing deal with LightSquared on 7/28. In spite of regulatory holdups, this is a logical move for Sprint, given that the WiMAX 4G technology it uses in partnership with Clearwire (CLWR) has become globally marginalized relative to the LTE technology LightSquared uses.