prepaid space include No. 4 carrier T-Mobile USA and smaller upstarts like MetroPCS Communications Inc. and Leap Wireless International Inc. , which sells under the Cricket brand. KANSAS CITY, Mo. Full Article at The San Jose Mercury News

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Shares of San Diego-based Leap Wireless International surged 12 percent yesterday after analysts at Pali Capital said competitor MetroPCS Communications should purchase Leap to “unlock” $2 billion of value. Full Article at San Diego Union-Tribune

Pali Capital Inc. analyst Walter Piecyk believes that it is time for MetroPCS Communications Inc. (NYSE:PCS) and Leap Wireless International Inc. (NASDAQ:LEAP) to get past their differences and reach a merger agreement. Full Article at The Deal: Blogs

Synovus Financial Corp. (NYSE:SNV) climbs up 5.70% to $1.67. The stock hit an intraday high and an intraday low of $1.75 and $1.62 respectively. In the last six months the stock went down over 56%. Full Article at TransWorldNews

Flat-rate carrier Cricket Communication's parent company, Leap Wireless International, posted widening third-quarter losses as competition for prepaid customers put a sizable dent in subscriber growth. Full Article at Wireless Week