Leap Wireless has decided to reject an unsolicited purchase offer from MetroPCS, citing a lack of detailed high-level discussions, or an integration plan from the aforementioned carrier.
As we previously reported, Metro PCS made a prior offer of $5.12 billion in stock for Leap Wireless, known for their successful Cricket fixed rate local cellular service.
Christopher Price is the Founding Editor of PhoneNews.com. Today, he leads the team building Console, Inc. - a new kind of Android™ device. He still likes to pontificate... a lot. You can visit his personal blog at ChristopherPrice.net.
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