AT&T gets one step closer to swallowing Cricket

Leap Wireless(s leap) shareholders on Thursday signed off on AT&T’s(s t) planned buyout of the carrier, its 5 million Cricket Communications subscribers and, most importantly, its spectrum. The vote wasn’t even close with 99 percent shares voted in favor of the $1.2 billon cash deal, though their approval was pretty much a given. The acquisition now faces its biggest challenges: regulatory reviews before the Federal Communications Commission (with newly installed chairman Tom Wheeler at the helm) and the U.S. Justice Department.

Senate confirms Tom Wheeler as FCC chairman

Wheeler will take over an FCC about to oversee a huge transfer of airwaves from the broadcast to the mobile industry, as well as wrestle with issues such as net neutrality and carrier consolidation.