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October 15, 2012 at 11:14 AM EDT
Sprint deal drives Clearwire, tower stocks
The formal announcement of Softbank’s acquisition of Sprint Nextel on Monday morning gave another boost to Clearwire and the stocks of tower operators. AT&T, Verizon and MetroPCS all slipped on the news.
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American Tower Corp A
CROWN CASTLE INTL. CORP.
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