AT&T To Buy Leap Wireless?

Reuters reported yesterday that AT&T Inc. (NYSE:AT&T) are in talks with Leap Wireless International (NASDAQ:LEAP) with a possible acquisition of the smaller communications company on the cards.

The report confirmed that the two companies were in talks but there is no certainty about whether or not those talks are continuing. The motivation for much of the flurry in activity seems to be carriers attempting to gain control of larger areas of bandwidth. The limited spectrum is used for several different technologies and firms are hungry for more as data use is increased by users with smart phones.

It is the proliferation of wireless data using...