J.P. Morgan views Leap Wireless (LEAP +3.4%) and MetroPCS (PCS +2.6%) as potential takeover...
J.P. Morgan views Leap Wireless (LEAP +3.4%) and MetroPCS (PCS +2.6%) as potential takeover targets amid speculation on where AT&T and T-Mobile could go for more spectrum following the collapse of their planned merger. Speculation has centered on Dish Networks and Clearwire, but JPM believes a deal for LEAP or PCS should pass regulatory scrutiny.
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