A method for operating a Radio Frequency (RF) receiver of a wireless terminal. During a first time interval, an RF front end is enabled and the RF receiver receives and processes an RF signal, e.g., a Wideband Code Division Multiple Access (WCDMA) signal, to produce a baseband signal and to store samples of the baseband signal. During a second time interval that differs from the first time interval, the RF front end is disabled and the RF receiver processes the plurality of samples of the baseband signal of the first time interval to measure signal strengths of a plurality of pilot signals present in the baseband signal of the first time interval. Finally, during a third time interval that differs from the first time interval and the second time interval, the RF front end is enabled and the RF receiver receives and processes an RF signal of the third time interval to extract data there from. Memory is shared between the first, second, and third time intervals for different uses.