Articles tagged with: Leap Wireless and Wind
Acquisitions Boosting US Companies' Growth Rates
The acquisitions of Dobson, Rural and Suncom have served to boost the number of net additions over the past twelve months at AT&T, Verizon and T-Mobile respectively. AT&T already has Centennial in its sights for 2009, while VerizonÃ's acquisition of Alltel is set for closure imminently. As yet, T- Mobile has announced no riposte and in fact, it is difficult to see that there is a meaningful acquisition it could make, unless it wants to enter the murky world of CDMA which it has shown no inclination to do so far. more
Related Tags: t-mobile, rural, metropcs, mts, cdma, verizon, alltel, USA
Leap secures 80% debt write-down
Leap Wireless, which operates a CDMA network under the Cricket brand name, has announced that the U.S. Bankruptcy Court for the Southern District of California has confirmed the Company's Fifth Amended Joint Plan of Reorganization, clearing the way for the Company to complete its financial restructuring and emerge from Chapter 11 with a long-term capital structure that reflects a more than 80% reduction in the Company's long-term debt. more
Related Tags: ptc, bankruptcy, cricket
