AT&T Mobility will acquire no-contract wireless carrier Leap Wireless for $1.2 billion, or $15 per share. The deal will give AT&T approximately 5 million prepaid subscribers, a network in 35 states and access to more spectrum. Leap currently has about $2.8 billion in debt. AT&T currently has about 107.3 million subscribers.
T-Mobile US CEO John Legere hinted at a new prepaid offering from the company, called Apollo 15, that will target Leap Wireless' Cricket-branded prepaid customer base. In addition, he said he is 'intrigued' by Dish Network Chairman Charlie Ergen's vision of combining the company with a wireless carrier, but also said that the two companies aren't talking.
With its integration of MetroPCS' assets proceeding smoothly, is T-Mobile US gearing up to acquire yet another regional operator, such as Leap Wireless?
How did the wireless industry perform in the second quarter of 2013? Check here throughout the second-quarter earnings report season for full earnings reports from the wireless industry's...
Regional carrier C Spire Wireless said it will expand its LTE coverage area in Mississippi later this summer and also will bring LTE service to parts of Alabama and Florida by year-end.
LAS VEGAS--Executives from Cricket provider Leap Wireless strongly hinted that the company's LTE roaming deal is with Sprint Nextel, which already has a nationwide 3G CDMA roaming deal with Cricket.
Verizon Wireless launched new prepaid pricing that significantly increases the amount of data its prepaid smartphone customers can consume per month with their plans, as competition in the prepaid market, especially among Tier 1 players, continues to heat up.
Cricket provider Leap Wireless is exploring how to use big data analytics to help improve the customer experience for its no-contract subscriber base, wading gingerly into the world of big data that larger carriers seem intent on exploiting in the years ahead.
The following charts the top U.S. wireless carriers in the first quarter of 2013 by subscriber base, according to research firm Strategy Analytics, and includes major metrics--such as churn, ARPU and revenue--of each carrier.
Cricket provider Leap Wireless said it seeing an improvement in sales of Apple's iPhone, but the company will not purchase any more devices from Apple beyond its initial $900 million, three-year deal that it made with Apple last June.