Leap's Shareholders Approve AT&T Merger
Leap Wireless, the company that runs Cricket Wireless, today announced that its shareholders have approved of AT&T's proposed acquisition of the small network operator. "Stockholder approval is an important milestone on our path to completing the merger with AT&T. I'd like to thank the dedicated representatives from both companies who are working hard to complete the transaction," said Doug Hutcheson, Leap's chief executive officer. The purchase agreement includes all of Leap's assets, including 3,400 employees, 5 million customers, a CDMA and LTE network, and radio spectrum licenses covering 137 million people. AT&T has agreed to pay about $1.2 billion for Cricket and its assets. The deal is still subject to FCC and Department of Justice review.
Asus ZenFone 3 Zoom Goes On Sale for $329
Asus today made the ZenFone 3 Zoom available from its web site for $329. The phone was first announced in January.
AT&T to Buy Second Mexico Carrier for $1.875B
AT&T today announced its intent to purchase Nextel Mexico, which covers 76 million customers across the country. Nextel Mexico is owned by NII Holdings and AT&T will pay it $1.875 billion.
T-Mobile to Buy Chicago-Area Spectrum to Boost Coverage
T-Mobile today said it has agreed to buy 700 MHz spectrum from Leap in order to bring its "extended-range LTE" coverage to the Chicago metropolitan area. Specifically, T-Mobile is snagging A-Block 700 MHz spectrum covering Chicago, Elgin, Joliet, Waukegan, Evanston, Naperville, Aurora, Gary, Rockford, De Kalb, Janesville, Bloomington, Normal, Kankakee, Kenosha, and others.
C Spire Looking to Nab 700MHz Spectrum
C Spire Wireless is hoping to buy some Lower 700 MHz C Block spectrum from Waller Wireless. The companies recently filed the request with the FCC.