Leap Wireless has announced that it has formed a joint venture with Texas-based Pocket Communications in order to expand coverage in southern Texas. Currently, both companies provide pre-paid wireless services in the area.
The yet unnamed venture will take control of both Leap’s and Pocket’s assets and operations in South Texas region from San Antonio to Laredo and in the Rio Grande Valley. The venture will cover more than 4.4 million points of presence and Leap will control 76% of the joint venture with Pocket Communications controlling 24%. Both operators believe the joint venture will lead to operational cost savings 12 months after the joint venture launches.
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[...] also follows its recently announced joint venture with Pocket Communications to expand its presence in Texas, and Leap is also [...]