. >> softbank just acquired sprint and clearwire. clearwire is based on this td- lte standard.his means a phone on china mobile would work in japan and across the u.s. it can be developed in a cheaper fashion. they could use one phone and one service in china and japan. it will be interesting to watch. >> thank you. even before this rollout, apple and china mobile were already talking about a distribution deal and reaching an agreement in some amber. earlier i spoke to one of the leading authorities from apple and asked how close apple is to getting this he'll nailed down. >> from a chnology standpoint they have passed a big hurdle. we think something is going to happen in the march quarter. we thought it was going to happen in the fall. it is close is the important take away. >> what is holding it up? >> part of it is the technical things cory was talking about. another is the coverage, this new standard cory was talking about. it is hard for china mobile to do a deal with apple if they sell these phones and they don't work. they are trying to build a coverage map you see carr

speed.r, we were -- on remember, we were both on clearwire, which is under the sprint umbrella, and thatecret weapon because it will allow them to offer much more competitive fees than wireline networks are providing. over and overmer, again, as proven they will move to a structurally better product, even at a higher price point. >> they will pay the price to get a higher speed because we consume so much better. >> that is right. it is not a near-term fix. i do not think the fourth quarter will show much. and -- it is14 that in 2014 and 2015 that will drive this higher. >> final note, jennifer deal,che, if there were a what would they have to give up? >> where at&t and verizon will fight them is with spectrum. with clearwire, sprint, legacy spectrum, what t-mobile brings to the table, they will have more spectrum than at&t and verizon will, and that offers a loophole. if this has a chance of approval, they will have to did best some of that spectrum, probably from important markets. >> thank you, jennifer fritzsche , wells fargo securities. new album might be number one in 104 countries,

big gain whenl china mobile selected the same wireless standard that clearwire had.ey can have phones operate in china, japan, and the u.s.. they are going to have to stay on that network. >> i don't mean to make light of the report in any sense that sprint is looking to make a bid for t-mobile. how long have you been covering telecommunications? the first time you trying rumor of sprint to buy a piece of deutsche telekom. it was 1999. >> they are constantly looking at each other. this is a different kind of deal with softbank behind the 500 year plan. the worldy man in that has lost more money. mobile, it was billed as the greatest deal that was ever going to happen in telecoms history. >> i was in seattle. >> hank you for helping me feel young today. phones, it turns out it is not just the nsa that is under fire for that. determining if company executives broke the law by ordering personal investigations into employees. they were recently fired after a year-long medical leave. she says ikea gave private investors access to social security numbers and personal cell

right from the start, i would like to make clearwire fighting corruption is a critical priority for the entire world bank group. every dollar that a corrupt official or business person puts in their pocket is a dollar stolen from a pregnant woman who needs health care or from a girl or boy who deserves education. or from communities that need water, roads, and schools. every dollar is critical if we are to reach our goal to and extreme poverty by 2030. us not mince words, in the developing world, corruption is public enemy number one. we will never tolerate corruption and i pledge to do all in our power to build upon our strong fight against it. how do build institutions with greater integrity so that we can help more people. >> we need to improve and share the way we share knowledge. second, we need to empower citizens with information and tools to make their governments more effective and accountable. we need to build the global movement to prevail over corruption. the world bank group will be creating a group of technical public in rule of law, sector, financial, and state management