J.P. Morgan views Leap Wireless (LEAP +3.4%) and MetroPCS (PCS +2.6%) as potential takeover...

|By:, SA News Editor

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.