Home  ›  News  ›

Leap Wireless Exploring Possible Sale

Article Comments  8  

Jan 15, 2010, 2:10 PM   by Eric M. Zeman
updated Jan 15, 2010, 2:51 PM

Leap Wireless is close to hiring a bank to help it explore strategic options moving forward, according to sources familiar with the matter. Reuters reports that Leap may hire Goldman Sachs, with which it already has a history. Leap is weighing consolidation and or/and outright sale to a competitor. MetroPCS has previously expressed interest in acquiring and/or merging with Leap Wireless. It made a bid of $5.5 billion for Leap back in 2007, and expressed interest as recently as September 2009. Leap has not officially provided comment on the matter. Leap runs a pre-paid wireless service branded as Cricket.




This forum is closed.

This forum is closed.


Jan 15, 2010, 3:14 PM

Oh no!

This is horrible news. Hopefully, Metro will acquire them.
Well I think it's great news, but only if metroPCS acquires them.
I wouldn't mind seeing Sprint take over Leap and Metro and put them all under Boost/Virgin

Jan 16, 2010, 10:09 PM


I hope they stay on their own. If another company takes over there is a good likelihood it won't be as open of a network.

For example... Metro phones must be flashed through Houdini from what I understand, which is not free... where as if you know how to flash a phone to Cricket you can do it for free.
Page  1  of 1

Subscribe to news & reviews with RSS Follow @phonescoop on Twitter Follow @phonescoop on Mastodon Phone Scoop on Facebook Follow on Instagram


All content Copyright 2001-2023 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.