BTIG Research's Walter Piecyk believes "it might take much more than $3 per share for Sprint S to take control of Clearwire CLWR..." Piecyk said such a move by Sprint would be "well worth the price in order to secure all of
Clearwire's spectrum for its own use, keep it out of the hands of competitors
and eliminate material roaming expense."
BTIG maintains a Buy rating on Clearwire and a Neutral rating on Sprint.
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