News Byte

Cricket Gets the iPhone 5s, 5c Next Week

Apple’s latest iPhones are headed to Cricket. The prepaid carrier, which is about to be purchased by AT&T as part of its acquisition of Leap Wireless, will begin offering the iPhone 5s and 5c to its customers on Oct. 25. No word yet on Cricket’s pricing for the devices, though prepaid customers typically pay full fare.

T-Mobile US Makes Gains, but Still Seen as Acquisition Target

The increasingly saturated smartphone market is making for brutal competition between phone makers and mobile operators.
NYSE Floor

Taking Aim at Cricket, T-Mobile Moves MetroPCS Into 15 New Markets

The company is also adding Nokia’s Lumia 521 and LG’s Optimus F3 to its device lineup as it looks to enter new territory.

AT&T: $32 Billion in Revenue, 6.8 Million Smartphones Including Record Number of Androids

The telecom giant said smartphone sales helped boost its overall quarterly numbers, with Google-based phones at an all-time high.
AT&T chicago flagship store


AT&T to Acquire Leap Wireless for $1.19 Billion in Cash

AT&T Inc. agreed to acquire prepaid-wireless company Leap Wireless International Inc., the company behind the Cricket brand, for about $1.19 billion in cash.

Leap iPhone Sales More of a Worrisome Hop

Unsold iPhones could become a problem for Leap Wireless.


Leap Wireless to Spin Off Muve Music Unit

Leap, which offers service under the Cricket brand, launched the on-demand music service in January 2011. By creating a new company, Leap hopes to license the service to other carriers and has an agreement in principle with an unnamed international wireless carrier, spokesman Greg Lund said.


Leap Wireless Posts 3Q Profit on Large Gain

Leap Wireless International Inc. swung to a third-quarter profit as the pay-as-you-go mobile operator recorded a large gain resulting from an exchange of spectrum licenses.


Leap Wireless Left Out of the Telecom Consolidation, For Now

With potential acquirers preoccupied with other deals, any move involving Leap isn’t expected soon.

News Byte

Leap Wireless Finalizes $120 Million Spectrum Sale to Verizon

Prepaid carrier Leap Wireless, which sells under the Cricket brand, said on Tuesday it had completed a deal to sell $120 million worth of airwave rights to Verizon Wireless. The deal covers spectrum in various U.S. cities and also involves Leap gaining some new frequencies in Chicago.