Sprint Nextel Shares Soar on Takeover Reports -- The Motley Fool

The video above is from Thursday's MarketFoolery podcast, featuring host Chris Hill and analysts Joe Magyer and Jason Moser. In this segment, the focus is on reports that Japanese mobile carrier Softbank is in talks to take a controlling interest in Sprint Nextel <ticker exchange="NYSE" symbol="S">(NYSE: S)</ticker>. Not surprisingly, shares were up more than 14% on huge trading volume following the news. The guys discuss long-term prospects for an invigorated Sprint Nextel and whether or not AT&amp;T <ticker exchange="NYSE" symbol="T">(NYSE: T)</ticker> and Verizon <ticker exchange="NYSE" symbol="VZ">(NYSE: VZ)</ticker> should be worried. The mobile revolution is still in its infancy, but with so many different companies it can be daunting to know how to profit in the space. That's why The Motley Fool has released a free premium report on mobile, titled "<a href="http://www.fool.com/fool/free-report/18/sa-trilliondollar-display-144792.aspx?aid=4353&amp;source=isasittxt0900021">The Next Trillion-Dollar Revolution</a>," and in it we not only explain why this seismic shift will dwarf any other technology revolution seen before, but we also name the company at the forefront of the trend. Don't miss out on this limited-time opportunity -- <a href="http://www.fool.com/fool/free-report/18/sa-trilliondollar-display-144792.aspx?aid=4353&amp;source=isasittxt0900021">click here now</a> to access your free copy and start reading today.

Chris Hill has no positions in the stocks mentioned above. Jason Moser has no positions in the stocks mentioned above. Joe Magyer has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.