MetroPCS bids $5 billion for Leap (Reuters)

September 4, 2007 – 9:12 am

A man keys in a message onto a mobile phone in a Milan bar, March 3, 2006. Wireless service provider MetroPCS Communications Inc said on Tuesday it proposed buying competitor Leap Wireless International Inc for more than $5 billion in stock. (Daniele LA Monaca/Reuters)Reuters - MetroPCS Communications Inc made an
unsolicited offer on Tuesday to buy smaller rival Leap Wireless
International Inc for more than $5 billion in stock, seeking to
create a national U.S. wireless service provider.


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