'AT&T may buy MetroPCS and Leap Wireless'

Leap Wireless International Inc and MetroPCS Communications Inc may be takeover targets for bigger rivals AT&T Inc or T-Mobile USA after the larger companies' $39 billion merger plan collapsed, JPMorgan Chase & Co said. The pay-as-you-go carriers could be suitable "near-term" sources of spectrum for a buyer, Phil Cusick, a JPMorgan analyst, said.