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Leap Wireless

Leap Wireless Acquisition T-Mobile Dish

Leap Wireless could be the next takeover target for T-Mobile or Dish

July 8th, 2013

In the wake of SoftBank’s acquisition of Sprint and T-Mobile’s merger with MetroPCS, analysts believe other smaller carriers will also be takeover targets. Kevin Smithen of Macquarie Capital, per Investor’s Business Daily, upgraded Leap Wireless last week to a neutral rating from underperform on speculation that T-Mobile or Dish may be looking to acquire the …

iPhone Sales Leap Wireless

iPhone sales falling 50% short of obligation at Leap Wireless

February 27th, 2013

In a recent filing with the Securities and Exchange Commission, Cricket owner Leap Wireless (LEAP) indicated that iPhone sales have fallen short of its expectations. The carrier revealed that it is on pace to purchase only half of its first-year commitment from Apple (AAPL) through June 2013. The information in the filing contradicts earlier statements made …

Budget operators keep shocking Wall Street

August 8th, 2012

It was another quarter of shocks and surprises for small budget wireless operators offering cheap mobile plans. AT&T (T) and Verizon Wireless (VZ) chugged along during the spring quarter, but MetroPCS (PCS) and LEAP Wireless (LEAP) put up satisfyingly entertaining earnings spectacles.

AT&T and Leap Wireless held merger discussions in recent months

May 11th, 2012

The nation’s second largest wireless carrier has reportedly held talks with Leap Wireless in recent months over a possible acquisition, according to Reuters. The move is the latest attempt by AT&T in its efforts to find additional wireless spectrum after its failed acquisition of T-Mobile. The talks were serious enough that Leap reportedly hired bankers to …