Earlier Thursday, we told you that the FCC had given AT&T a conditional approval to buy Leap Wireless. AT&T had to follow a number of tasks requested by the agency, in order for the transaction to win support from the FCC. Hours after AT&T received the go ahead to continue, the nation's second largest carrier announced that the deal had closed.

Leap's pre-paid subsidiary, Cricket Wireless, will integrate with AT&T's current pre-paid offerings to be called "the new Cricket," an independently operated, wholly owned subsidiary of AT&T. Cricket will soon have access to AT&T's ...


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