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Monday, December 17, 2012

BRIEF-Sprint CEO says deal values Clearwire spectrum higher than AT&T paid for Nextwave, (NYSE: S), (NYSE: T)

Sprint Nextel Corp : * CEO says expects to begin regulatory filings for Clearwire Corp deal as quickly as possible * CEO says paying more for Clearwire spectrum than AT&T Inc agreed to payin nextwave deal * CEO says Clearwire 21 cents per mhz/pop spectrum price compares with similarAT&T deal for 15 cents per mhz/pop on apples to apples basis

Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S traded higher by 0.36% or $0.02/share to $5.57. In the past year, the shares have traded as low as $2.10 and as high as $6.04. On average, 65806400 shares of S exchange hands on a given day and today's volume is recorded at 9321541.

AT&T Inc. (AT&T) is a holding company. AT&T is a provider of telecommunications services in the United States and worldwide. Shares of T traded higher by 0.44% or $0.15/share to $34.16. In the past year, the shares have traded as low as $28.65 and as high as $38.58. On average, 26584700 shares of T exchange hands on a given day and today's volume is recorded at 2783699.



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