AT&T and Leap Wireless have announced their intention to get hitched, spectrum wise. $15 a share, cash, is the acquisition price, and AT&T will get the Cricket brand and customers along with it. AT&T, in a prepared statement, said:
The combined company will have the financial resources, scale and spectrum to better compete with other major national providers for customers interested in low-cost prepaid service. Cricket’s employees, operations and distribution will jump start AT&T’s expansion into the highly competitive prepaid segment.
Of course, that's all subject to regulator approval, which has sometimes favored these kinds of deals, and sometimes killed them dead. If you're a Cricket customer, or an AT&T customer for that matter, what do you think? Will AT&T and Cricket be better together, or should they stay well apart? Get the full press release via the link below.
Source: Yahoo! news