According to a filing with the FCC that's intended to keep the commission up to date on the progress AT&T's merger with Cricket parent company Leap Wireless, the plan will be available at a rate that will not exceed $40 per month for 18 months following the close of the merger.
AT&T plans to use its recently acquired Cricket prepaid brand to disrupt the lower end of...
While Beats appears to have done a good job with its new streaming music service (see below for...
In this five part video series, Wireless Week editors Andrew Berg and Ben Munson will count down...
Leap Wireless’ third-quarter numbers show the prepaid carrier has nearly one million less customers than it did at this time last year. The prepaid carrier’s end-of-period customers for the third quarter totaled 4,643,430, down nearly 18 percent from the 5,633,819 it had at the end of the third quarter in 2012.
After delaying a vote on AT&T’s proposed $1.2 billion takeover of Leap Wireless, Leap shareholders met yesterday and resoundingly approved the deal. Leap—which operates as Cricket Wireless—issued a release stating that more than 99 percent of the votes cast were in favor of the proposed merger agreement and 78 percent of the votes were in favor of the advisory proposal regarding executive compensation.
Leap Wireless yesterday disclosed it is postponing a shareholder vote on the company’s proposed merger with AT&T. The vote, originally scheduled for Oct. 24, has been rescheduled for Oct. 30. In a filing with the SEC, Leap indicated the postponement is intended to give the company time to file amendments to its 10-K for 2012 and a pair of 10-Qs for 2013.
Leap’s management has concluded that a “material weakness in internal controls over financial reporting existed during each of the affected periods and that the Company’s disclosure controls and procedures and internal control over financial reporting for such periods were therefore not effective.”
In the past three years, wholesale connections stemming from mobile virtual network operators (MVNOs) and M2M have climbed by 30 million to hit 70 million across six top carriers. According to new numbers from GSMA Intelligence, the group including AT&T, T-Mobile, Sprint, US Cellular, Clearwire and Verizon Wireless has seen combined total connection gains of 20 percent over the last two years.
T-Mobile is expanding its newly acquired MetroPCS prepaid to 15 new markets in a play that will allow it to more directly compete with prepaid rival Leap Wireless. The new territories, which lie in metropolitan areas from Texas to Maryland, will double MetroPCS' available markets. MetroPCS will offer its existing prepaid plans in the markets...
After AT&T’s late Friday announcement of its plans to buy Leap Wireless for approximately $1.2 billion, talk of a possible counter-bid from Verizon has already surfaced. The Street cited Citigroup analyst Michael Rollins as saying Verizon might submit a higher offer for Leap. Rollins pointed out that AT&T buying Leap would put Verizon further behind its chief rival in terms of wireless spectrum per million subscribers.
LOS ANGELES (AP) — AT&T Inc. said Friday that it has agreed to acquire Leap Wireless International Inc., the pre-paid cellphone carrier that operates under the Cricket brand, for about $1.19 billion in cash or $15 a share. The purchase gives the nation's No. 2 cellphone carrier a leg-up in serving customers who prefer not to have lengthy contracts.
Cricket Communications' parent Leap Wireless International continued to lose customers during the third quarter despite the introduction of the iPhone 5 and new price plans.
RadioShack confirmed rumors of a house-branded wireless service today with the launch of no-contract phones running on Leap Wireless International's network.
Two smaller wireless companies, T-Mobile and MetroPCS, announced unlimited-data offerings this week as they try to compete with AT&T and Verizon. Here’s how data plans offered by the five largest U.S. carriers compare.
Verizon Wireless outed two new prepaid devices yesterday amid signs of increasing interest in the no-contract space from top-tier providers typically focused on more lucrative postpaid customers.
Clearwire says New York City, San Francisco, Los Angeles, Chicago and Seattle will be among the 31 cities it plans to light up during the first half of next year.
Leap said yesterday it would overhaul its service plans during the third quarter as part of a back-to-school season refresh but provided few details about what the shakeup would entail.
Cricket Communications today became the latest carrier to sign on to the Rural Cellular Association (RCA), which frequently takes policy stances diametrically opposed to AT&T and Verizon Wireless.
Cricket Communications has signed a five-year agreement with Clearwire for wholesale access to its unbuilt TD-LTE network.
Leap Wireless International may license its Muve Music service to prepaid providers overseas...
Leap Wireless International finance chief Walter Berger is leaving the company to take an unspecified tech job.
Leap Wireless International is "very willing" to consider extending its current wholesale deal with Sprint for 3G service to LTE...
Prepaid providers MetroPCS Communications and Leap Wireless International both have posted year-over-year decreases in the number of new customers...
Cricket Communications parent Leap Wireless International switched on its first LTE service in Tucson, Ariz. today, marking the start of what the company described as a "multi year transition" to the next generation mobile broadband technology. The service will eventually
Leap Wireless International yesterday announced more specifics of its previously reported spectrum swap with Verizon Wireless.
Cricket Communications today announced the introduction of local global calling numbers that allow for unlimited international calling.
Shares in Leap Wireless International were up more than 15 percent in early trading today...
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