A Leap-MetroPCS combination makes the most sense, analysts said – the two companies run very similar business models and share little network overlap. Besides, MetroPCS tried to buy Leap in 2007. The deal fell through but observers say a successful repeat would be better than an AT&T purchase.
That’s because AT&T controls 30 percent of the wireless market already. Analysts said that would pit the carrier against regulators, who have grown more stringent with the advent of a Democratic administration.
Representatives for AT&T, MetroPCS and Leap all refused to comment to media on the rumors.