Sprint And Clearwire Renew Joint Venture Talks
The Wall Street Journal reported that Sprint Nextel Corp. (NYSE: S) and Clearwire Corp. (Nasdaq: CLWR) renewed discussions to build a high-speed wireless network. Shares of Sprint edged up 83 cents to close at $10.80 while Clearwire stock surged $2.89 to close at $15.34.
