Leap Wireless

Latest Headlines

Latest Headlines

M&A catches fire: 24M wireless subscribers moving from Tier 2 to Tier 1 carriers

After years of talking about mergers and acquisitions, the nation's top wireless carriers got down to business during the second quarter of this year, with T-Mobile US working to integrate its purchase of MetroPCS and Sprint closing on its purchase of Clearwire and netting an investment from Japan's SoftBank. AT&T also announced the purchase of Leap Wireless.  What does this all mean?

C Spire nabs $6M worth of PCS spectrum from Leap

C Spire Wireless recently purchased PCS spectrum from Leap Wireless, an indication that it continues to beef up its coverage in its core markets even as regional wireless carriers continue to fade from the industry.

Leap says it doesn't have to purchase additional iPhones from Apple

Leap Wireless CFO Perley McBride said Leap is not required to purchase additional iPhones from Apple to meet its first year commitment to the company. On Leap's second-quarter earnings conference call, McBride said that because of Leap's efforts to increase its sales of the iPhone, the company does not have to purchase more iPhones. Leap has a three-year, $900 million deal with Apple for iPhones.

AT&T was only bidder for Leap, upped price by 58% in negotiations

AT&T previously passed on an opportunity to strike a deal with no-contract wireless carrier Leap Wireless but was ultimately the only bidder for the company and wound up paying 58 percent more than it had initially offered, according to a securities filing.

T-Mobile expands MetroPCS footprint by 50M POPs, adds $40 rate plan

Less than three months after its merger with MetroPCS, T-Mobile US said it has expanded the MetroPCS footprint by 50 million POPs. Along with starting service in 15 new metro areas, T-Mobile also said it is expanding its bring-your-own-device service to all MetroPCS customers.

Leap launches new device financing options, revamps Muve Music

Cricket provider Leap Wireless unveiled new device financing options to give its subscribers easier access to high-end smartphones. The flat-rate carrier, which AT&T Mobility is seeking to acquire, said the new plans will, for example, let customers buy Samsung Electronics' Galaxy S4 for as low as $25 down and $25 per month in monthly payments.

T-Mobile slams AT&T's 'Next' handset upgrade program

T-Mobile US struck back hard against AT&T Mobility's "Next" handset upgrade program, arguing that while the plan tries to copy T-Mobile's "Jump" upgrade program, AT&T is essentially making customers pay for their phones twice with Next.

Analysts: AT&T overpaying for Leap

Now that financial analysts have had some time to digest AT&T Mobility's proposed acquisition of Leap Wireless, many believe AT&T may be overpaying for the no-contract carrier and its spectrum.

Regional operators disappearing in wake of industry consolidation

The fate of the regional operator is in question in light of the recent consolidation in the U.S. wireless industry. Research firm iGR estimates that the number of subscribers serviced by regional operators has dwindled from 22.2 million in 2012 to 12.5 million today. And with AT&T Mobility's planned $1.2 billion acquisition of Leap Wireless, that number will likely drop to 8 million or fewer by the end of 2013.

Fate of Aio uncertain in wake of AT&T's acquisition of Leap

In the wake of AT&T Mobility's $1.2 billion acquisition of Leap Wireless, the fate of the company's newly launched Aio prepaid brand is uncertain. AT&T has said it plans to keep Leap's Cricket brand and offer Cricket customers access to AT&T's network. Aio launched in May with the goal of targeting those same prepaid customers.