Today in Mobile

Reuters is reporting that AT&T is in discussions to acquire the prepaid carrier Leap Wireless for an undisclosed sum, citing unnamed “people familiar with the matter.” But as my colleague Kevin Fitchard points out, the move would create a combined carrier running two incompatible networks, and the spectrum licenses that would be at the heart of the deal would hardly be enough to justify the price tag. So this rumored acquisition is about as likely to happen as the proposed T-Mobile USA/MetroPCS merger that was reported earlier this week.