Thursday, June 14, 2007

Clearwire Enters Deal With DirecTV And EchoStar

Clearwire Corp. (CLWR) shares rallied on news of a wireless broadband services deal with DirecTV Group Inc. (DTV) and EchoStar Communications Corp. (DISH). Shares of Clearwire leaped $4.63 to close at $23.93 while DirecTV stock rose 62 cents to close at $23.48. EchoStar stock held steady at $44.93.

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