Tag Archives: AT&T

AT&T To Acquire Leap Wireless For $1.19 Billion Dollars

In a slightly shocking move, AT&T announced it has agreed to acquire Leap Wireless for $1.19 billion in cash. The deal, which works out to $15 per share for Leap shareholders is a 88% premium on the Leap closing price this afternoon. AT&T announced the deal includes Leap’s licenses, network assets, retail stores and around five million subscribers. Leap has long been tossed [read full article]

What We Missed Last Weekend: AT&T Buried Changes To Their Upgrade Period

Nothing says major press event like a buried change “company y” hopes will go unnoticed. This is exactly what AT&T tried (and mostly failed) this past weekend with the internal announcement of some changes to their upgrade period. In the buzz leading up to Apple’s big press event, perhaps AT&T hoped these changes would go unnoticed by the world at large…instead … [read full article]

AT&T CEO Admits Poor Execution Doomed T-Mobile Deal

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In a move that will surprise no one, AT&T CEO Randall Stephenson has finally admitted that poor execution doomed his attempt to take over T-Mobile. During an interview with Phil Weiser, dean of the University of Colorado Law School, Stephenson admitted that the failed deal was one of his worst moments as CEO. “I wouldn’t say it was a bad decision, but it was a … [read full article]