CNET reports Sprint (S) will launch its own 4G LTE network early next year, sooner than many...

|About: Sprint Corporation (S)|By:, SA News Editor
CNET reports Sprint (S) will launch its own 4G LTE network early next year, sooner than many expected. Sprint announced an LTE partnership with LightSquared in July, a move that sent shares of current 4G partner Clearwire (CLWR) tumbling. Embracing LTE will allow Sprint to offer a greater variety of 4G phones, but concerns exist about buildout costs. (also)