Cricket Wireless
PROPERTY OVERVIEW
Ownership: Subsidiary; Parent: AT&T
Credit Rating: S&P: BBB-
Ticker: NYSE: T
Sector: Telecommunications
COMPANY DESCRIPTION
Cricket Wireless LLC is a prepaid wireless service provider in the United States, a wholly owned subsidiary of AT&T Inc. It offers mobile voice, text, and data using parent AT&T's nationwide network. Cricket Wireless was founded in 1999 by Leap Wireless International, Inc. On July 12, 2013, AT&T Inc. agreed to acquire Cricket's parent company Leap Wireless International for $1.2 billion. The merger was approved by the Federal Communications Commission on March 13, 2014, and later that same day, Leap Wireless announced the completion of its acquisition by AT&T.