'fastest' and now the 'most reliable' 4G LTE network. What else can the mobile operator do but poke Big Red in its soft spots? Right now, Verizon's LTE signal covers 301 million POPs while AT&T's LTE signal covers 225 million POPs which is expected to rise to 270 million POPs by year end.
Last week, AT&T announced that it will be buying Leap Wireless for $1.2 billion or $15 a share. With a large amount of unused spectrum in the PCS and AWS bands that could reach 40 million people, this could be a much desired acquisition for AT&T. But don't count on anything just yet. With Leap's stock price trading more than $2 above AT&T's $15 bid, Wall Street expects a third party to make a higher offer for the owner of Cricket Wireless.