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Leap purchases Buffalo, Syracuse licenses

SAN DIEGO-Wireless communications carrier, Leap Wireless International Inc., signed a nonbinding memorandum of understanding to purchase personal communications services operating licenses in Buffalo and Syracuse, N.Y., for an undisclosed amount.

The acquisition, which is expected to be finalized by May 1, will give Leap the rights to approximately 2 million potential customers for its domestic subsidiary, Cricket Communications Inc.

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