AT&T to Acquire Leap Wireless in $1.2 Billion

AT&T and Leap Wireless have entered into an agreement for AT&T to acquire Leap in $1.2 billion. Leap’s network covers approximately 96 million people in 35 U.S. states. Under the Cricket brand, Leap currently operates a 3G CDMA network, as well as a 4G LTE network covering 21 million people in these areas.

Leap Wireless, T-Mobile to Exchange Spectrum

Leap Wireless International has entered into license exchange agreements with T-Mobile USA (T-Mobile), Cook Inlet/VS GSM VII PCS LLC, a joint venture between T-Mobile and Cook Inlet, and Leap’s non-controlled, majority-owned venture Savary Island Wireless, LLC (Savary Island) to exchange wireless spectrum in various markets.

Update: State of LTE in USA

MetroPCS launched LTE services in Las Vegas in September this year and became first USA operator to offer commercial LTE services.