Today sources cited by the Wall Street Journal indicated that MetroPCS has hired J.P. Morgan Chase in order to help it with a possible acquisition of Leap Wireless. Leap Wireless recently hired a banking firm (Goldman Sachs) to help … (follow link to read)

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MetroPCS Hires Bank for Possible Leap Acquisition

In other news:

Leap Wireless Exploring Possible Sale
Leap Wireless is close to hiring a bank to help it explore strategic options moving forward, according to sources familiar with the matter. Reuters reports that Leap may hire Goldman Sachs, with which it

Leap Wireless and MetroPCS Can’t Agree on Merger Terms
According to the Wall Street Journal, Leap Wireless and MetroPCS have been unable to reach an agreement that would lead to a merger of the two low-cost wireless carriers. The two companies have been

MetroPCS, Leap Interested in AT&T Divestitures
Speaking at conference in Boston today, MetroPCS and Leap Wireless separately expressed concern over AT&T's proposed acquisition of T-Mobile. "We are concerned about the concentration of spectrum that that gives AT&T," said Braxton Carter,

Leap Seeking Buyer
According to a new report from the Wall Street Journal, Leap Wireless has hired Goldman Sachs to help the company merge with a rival, sell itself to another company and help it "reassesses its

Leap Says It Won’t Ford LTE Waters Alone
Speaking at a recent industry event, Leap Wireless CEO Doug Hutcheson said the company plans to deploy Long Term Evolution starting in 2011, but won't build an entire network itself. "We are not focused