Leap Wireless International,
and MetroPCS
Communications, Inc.
announced today that they have entered
into a national roaming agreement and an agreement to exchange wireless
spectrum, and have settled all outstanding litigation between them.
The new nationwide roaming agreement, which has an initial term of 10
years, covers the companies' existing and
future markets, which the parties expect could ultimately encompass
virtually all of the top 200 markets in the nation. This agreement will
enable wireless subscribers from each company to utilize their wireless
services in both companies' markets at a more
attractive and competitive price.
years, covers the companies' existing and
future markets, which the parties expect could ultimately encompass
virtually all of the top 200 markets in the nation. This agreement will
enable wireless subscribers from each company to utilize their wireless
services in both companies' markets at a more
attractive and competitive price.
Additionally, the companies entered into a spectrum exchange agreement
covering licenses in certain markets, with Leap acquiring an additional
10 MHz of spectrum in San Diego, Fresno, Seattle and certain other
Washington and Oregon markets, and MetroPCS acquiring an additional 10
MHz of spectrum in Dallas-Ft. Worth, Shreveport-Bossier City,
Lakeland-Winter Haven, Florida and certain other North Texas markets.
Completion of the spectrum exchange is subject to customary closing
conditions, including the consent of Federal Communications Commission
(FCC).
covering licenses in certain markets, with Leap acquiring an additional
10 MHz of spectrum in San Diego, Fresno, Seattle and certain other
Washington and Oregon markets, and MetroPCS acquiring an additional 10
MHz of spectrum in Dallas-Ft. Worth, Shreveport-Bossier City,
Lakeland-Winter Haven, Florida and certain other North Texas markets.
Completion of the spectrum exchange is subject to customary closing
conditions, including the consent of Federal Communications Commission
(FCC).
The settlement resolves litigation relating to the companies'
intellectual property. The companies have entered into a cross-license
agreement for intellectual property related to the litigation and for
other intellectual property that is held or applied for by either
company. All pending litigation between the parties will be dismissed.
intellectual property. The companies have entered into a cross-license
agreement for intellectual property related to the litigation and for
other intellectual property that is held or applied for by either
company. All pending litigation between the parties will be dismissed.
Further terms of the agreements and settlement were not disclosed.