AT&T to buy Leap Wireless, Cricket brand, for about $1.2 billion

  • by: RYAN NAKASHIMA , AP Business Writer
  • Updated: July 12, 2013 - 7:55 PM

LOS ANGELES — AT&T Inc. said Friday that it has agreed to acquire Leap Wireless International Inc., the pre-paid cellphone carrier that operates under the Cricket brand, for about $1.19 billion in cash, or $15 a share.

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