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 (NYSE:S). 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&T (NYSE:T) and Verizon (NYSE:VZ) should be worried.

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