A telecom giant had some surprising investment news last week. It was expected that a majority of Sprint (NYSE:S) would soon be bought out by Japan's SoftBank, while Sprint would potentially buy out smaller company Clearwire. But just like a soap opera, a huge plot twist might be in the works, with two surprising new players: DISH Network (NASDAQ:DISH) and Verizon (NYSE:VZ). The companies have made plans to buy out both Sprint and Clearwire, respectively.

Clearwire, Sprint, and Verizon stock have all enjoyed a boost in price since the news broke, but what does this really mean for investors looking to buy stocks? Fool contributor Caroline Bennett examines the situation, and tells investors whether Sprint shareholders should be excited -- or apprehensive -- about this turn of events.

Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.