AT&T said on Friday, has agreed to acquire a Leap wireless international, pre-paid mobile phone operators cricket brand operate, about $119 million in cash, or 1 $5 a share.
Buy 2 big mobile operators to provide services in the United States, who don't want to have a lengthy contract in a leg. The great leap forward of cricket service has 5 million users, pay a monthly contract. The agreement also for AT&T to use the great leap forward of unused airwaves - also known as the spectrum - to expand its network.
Spectrum is the lifeblood of the wireless industry and grab more stimulated recent merger wave.
In April, 4 t-mobile prepaid operator MetroPCS completing the acquisition. The company plans to close MetroPCS network in two years, so it can use the waves, in order to improve the coverage and speed of data transmission. On Wednesday, Japan's softbank corporation completed a $21.6 billion acquisition of Sprint 3, this helps to Sprint company Clearwire and its spectrum increase a day earlier.
Technology research firm Forrester research analyst Charles Golvin, Charles Golvin says, the frequency spectrum of the Leap to hold would make AT&T customer provide more faster, more reliable wireless data in crowded areas.
"There are more spectrum means has more ability, can meet the data requirements for a long time," says golvin. "Just like you can never be too thin or too beautiful, you can never have too many spectrum."
As part of the deal, AT&T plans to keep its brand, cricket, but provide a cricket a wider range of equipment, and give them access to AT&T's 4 g LTE high-speed wireless network. AT&T said it plans to expand the cricket in the United States
As of march this year, AT&T has 7.1 million GoPhone prepaid customers through its brand with AIO. Total has 1.07 million wireless AT&T customers.
AT&T spokesman brad burns said: "the prepaid market is relatively undeveloped, for us". "From the point of view of competition, this will create a space that prepaid healthier rivals."
All the stock in AT&T will leap and wireless performance, including licensing, online and retail stores to buy. The great leap forward of unused spectrum covered parts of the country, including 4.1 billion people.
The two companies, said leap shares nearly 30% of owners have agreed to vote in favor of trading.
News of the great leap forward prices later in after-hours trading, more than twice as much as $17.31, and the last offer price. Stock movement indicates that markets think there will be a higher bid. AT&T shares fell $35.80 to a penny.
Leap is headquartered in San Diego, has $280 million in debt.
Countries ranked sixth in the carrier has been working hard. A net loss of expand in the third quarter through, the great leap forward, to $11 billion, because it lost a net 93000 wireless subscribers. Its revenues dropped 12% over the same period, to $685 million from a year ago.
"Senior management personnel at our best way to move forward, for the long-term success of the company (AT&T)," leap spokesman Greg lund said.
The cricket is considered to be a regional airline. The network coverage area of national housing 96 million people in 35 states. It also provides coverage across the country, with Sprint roaming agreement, will no longer need to, if the tie with AT&T gain regulatory approval.
Cricket phone and Radio Shack wal-mart stores in the United States through its own range of outside sales.
AT&T said it expects the deal will be closed within six to nine months, although it needs from the federal communications commission and the justice department for approval.
Federal regulators have been reluctant to allow a larger predators.
Gave up the value at the end of 2011, AT&T's $3.9 billion offer to buy t-mobile, the justice department's objections to the deal, will raise prices, to the customer to choose.
The free press, media and technology supervision institution in Washington, registered its objections to the New Deal.



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