Anne Dujmovic

AT&T to acquire Leap Wireless in $1.2 billion deal

AT&T announced Friday that it will acquire prepaid wireless provider Leap Wireless in a deal valued around $1.2 billion. The carrier has agreed to pay $15 a share in cash for Leap, which operates under the Cricket Wireless brand. As part of the agreement, AT&T will get Leap’s wireless properties, including its licenses, network assets, …

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