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FCC Green Lights AT&T’s Acquisition of Leap Wireless

Started by blogger, March 15, 2014, 08:01:21 AM

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FCC Green Lights AT&T’s Acquisition of Leap Wireless

On Thursday, the Federal Communications Commission officially sanctioned AT&T’s acquisition of Leap Wireless. Last summer, AT&T confirmed plans to acquire prepaid-wireless company Leap Wireless International. AT&T said it will absorb the company behind the Cricket brand for approximately $1.19 billion in cash. Ostensibly, the deal was intended to kick-start the carrier’s expansion into the low-cost […]

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