3 Telecom Stocks Seeing Action: Sprint Closes Clearwire Deal, T-Mobile Rolls Out Jump, and Verizon Tests Voice Link

Sprint (NYSE:S): RW Baird points out that Sprint closed its acquisition of Clearwire (NASDAQ:CLWR) and SoftBank is expected to close its investment in Sprint on Wednesday, adding that Sprint will possess more total spectrum than any other company in the U.S. It remains unclear what Softbank will do to improve Sprint’s subscriber growth and profitability. It keeps a Netural rating and $7 price target on the shares.