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Why Softbank’s U.S. Ambitions May Not Include Clearwire

A Clearwire wireless card
A Clearwire wireless cardPhotograph by Ted S. Warren/AP Photo

Analysts and investors alike have been speculating that a central component to Softbank’s deal to take over Sprint was the welcoming of Clearwire back into the Sprint fold. But news reports are now throwing cold water on that theory.

Bloomberg, citing unnamed sources, reported that Sprint has no immediate plans to take over the remaining 52 percent of the 4G data carrier it doesn’t already own. The news sent Clearwire’s stock tumbling after several days of riding new highs on news of the Sprint-Softbank deal.