AT&T to acquire Leap Wireless for $1.2bn

Sooraj Shah
clock

US telecoms giant will acquire Leap's licenses, network assets, retail stores and five million subscribers

US telecommunications giant AT&T has agreed to acquire Leap Wireless for $15 per share in cash, valuing the prepaid mobile operator at about $1.2bn (£800m). The move comes amid continued consoli...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Peter Cochrane: Seamless connectivity - if only!

Internet

How hard can it be for systems to default to the optimum choice?

clock 31 May 2022 • 3 min read
Apple's Private Relay feature blocked by some mobile carriers in the Europe, US and UK

Privacy

The functionality is intended to provide customers with an extra layer of privacy, Apple says, but telecoms providers are not keen

clock 11 January 2022 • 3 min read
Over 40 million customer records exposed in data breach, T-Mobile confirms

Hacking

No payment card details of customers or any other financial information was accessed, it asserts

clock 19 August 2021 • 3 min read

More on Finance and Reporting

Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read
Salesforce's Benioff: 'This must be the year of Data Cloud'

Salesforce's Benioff: 'This must be the year of Data Cloud'

Makes light of customer's AI bungle, as Q4 profits up 10%

Wade Tyler Millward
clock 29 February 2024 • 8 min read
Nvida revenues rise 265% on AI chips

Nvida revenues rise 265% on AI chips

Looks set to make Nvidia more valuable than Amazon and Alphabet

John Leonard
clock 22 February 2024 • 2 min read