Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of WiMAX network operator Clearwire
So what: Sprint detailed its plans to aggressively roll out its 4G LTE network on an accelerated timeline and said that it may stop selling devices for Clearwire's WiMAX network at the end of 2012. As Clearwire's biggest customer, the move would cripple Clearwire's prospects since the company has already bet heavily on the wrong horse.
Now what: LTE has emerged as the victorious 4G technology, with larger carriers AT&T
Interested in more info on Clearwire? Add it to your watchlist by clicking here.