Prepaid carrier Leap Wireless International Inc. has landed a deal with Apple Inc. to offer the iPhone, and it won’t have to jump through as many hoops as Sprint Nextel Corp.
Leap (Nasdaq: LEAP) announced Thursday that it would launch the iPhone 4S on June 22, giving its customers access to the first prepaid iPhone in the United States.
Leap’s entry into the iPhone market could bode poorly for Sprint and other wireless carriers, according to industry buzz. But overall, the negative impact is...