It's shaping up to be a merry holiday for prepaid wireless service providers MetroPCS and Leap Wireless.
MetroPCS has been successful at drawing in customers with its lower priced family plan promotion, which costs $100 for four lines. Leap, which sells its service under the Cricket Wireless brand, has benefited from its Muve Music service, as well as expanded distribution. Both are expected to exceed expectations, according to Michael Nelson, an analyst at Mizuho Securities.
"Sales appear to be gaining momentum," Nelson said in a research note.
The success of MetroPCS and Leap underscore the shake-up going … Read more