Clearwire shares rose in premarket electronic trading Friday after analysts praised the wireless broadband provider’s contract with DirecTV Group and EchoStar Communications. Clearwire will offer video services from DirecTV and EchoStar, and the two satellite TV companies will be able to sell Clearwire’s high-speed Internet service separately or with their own products. The combined service is expected to reach the market later this year. Shares of Kirkland, Wash.-based Clearwire jumped 23.3 percent to $24.50 Thursday on the news.
Original post by AFX News and software by Elliott Back
