In move to expand spectrum, AT&T acquires Leap Wireless

Posted by Andru Edwards Categories: Smartphones, Corporate News, Wireless / WiFi,

AT&T just announced that it had come to an agreement with Leap Wireless, operator of the Cricket pre-paid mobile brand, to acquire the company for $15 per share in a cash deal. The purchase includes all Leap Wireless assets, which brings all 5 million Leap subscribers into the fold at AT&T. Aside from giving AT&T more spectrum and more customers, it also increases its retail store footprint. Full release after the break.

Click to continue reading In move to expand spectrum, AT&T acquires Leap Wireless

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