Leap Wireless International, Inc., a leading provider of innovative and value-driven wireless communications services and its operating subsidiary, Cricket Communications, Inc., yesterday announced their opposition to AT&T's proposed acquisition of T-Mobile USA, a nationwide competitor to AT&T and the nation's fourth largest wireless carrier.
The acquisition would harm consumers. It would reduce competition and decrease innovation and investment in the wireless industry. It would also accelerate the trend of alarming concentration of wireless providers and would eliminate T-Mobile as a competitive force that helps balance the increasing power of the largest carriers.
