Leap director sells shares

A director of Leap Wireless International sold 93,000 shares of common stock, according to an SEC filing. James D. Dondero reported that he sold the shares Wednesday and Thursday for $85.18 to $85.68 apiece. Leap has been the subject of many Alltel-buyout analysis pieces: Some believe that the San Diego-based carrier is the next big target. If so, then why bail on the shares?

For more on Leap:
- see this report from the AP on the Alltel fallout
- check out this AP report on the selling of the shares

Sponsored by SNS Telecom

Shared & Unlicensed Spectrum in the 5G Era

Learn how shared and unlicensed spectrum will transform cellular communications in the 5G era. Featuring enabling technologies, key trends, business models, applications, spectrum availability, case studies and 5G NR/LTE equipment forecasts.