Leap Wireless is a wireless communications carrier that offers digital wireless services in the U.S. under the “Cricket” brand. Its Cricket service offerings provide customers with unlimited nationwide wireless services for a flat rate without requiring a fixed-term contract or a credit check. Cricket service is offered by Cricket, a wholly-owned subsidiary of Leap. Cricket service is also offered in Oregon by its wholly-owned subsidiary, LCW Wireless Operations, LLC, or LCW Operations; in the upper Midwest by its wholly-owned subsidiary, Denali Spectrum Operations, LLC, or Denali Operations; and in South Texas by its joint venture, STX Wireless Operations, LLC, or STX Operations. Leap controls STX Operations through a 75.75% controlling membership interest in its parent company, STX Wireless, LLC, or STX Wireless. In addition, Leap owns an 85% non-controlling membership interest in Savary Island Wireless, LLC, or Savary Island, which holds wireless licenses and a related spectrum lease covering the upper Midwest portion of the U.S. outside of our Chicago and Southern Wisconsin operating markets.  Leap was formed as a Delaware corporation in 1998. Leap’s shares began trading publicly in September 1998, and it launched its innovative Cricket service in March 1999. Leap conducts operations through its subsidiaries and has no independent operations or sources of income other than interest income and through dividends, if any, from its subsidiaries. Source: SEC Filings

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Latest Headlines

Latest Headlines

Verizon boosts data allottments in prepaid plans

Verizon Wireless launched new prepaid pricing that significantly increases the amount of data its prepaid smartphone customers can consume per month with their plans, as competition in the prepaid market, especially among Tier 1 players, continues to heat up.

Leap's Cricket dips toes into world of big data

Cricket provider Leap Wireless is exploring how to use big data analytics to help improve the customer experience for its no-contract subscriber base, wading gingerly into the world of big data that larger carriers seem intent on exploiting in the years ahead.

Grading the top 10 U.S. carriers in the first quarter of 2013

The following charts the top U.S. wireless carriers in the first quarter of 2013 by subscriber base, according to research firm Strategy Analytics, and includes major metrics--such as churn, ARPU and revenue--of each carrier.

Leap sees improved iPhone sales, but will not purchase more

Cricket provider Leap Wireless said it seeing an improvement in sales of Apple's iPhone, but the company will not purchase any more devices from Apple beyond its initial $900 million, three-year deal that it made with Apple last June.

Leap introduces new $40/month smartphone family plans to spark sales

Cricket provider Leap Wireless launched a new family plan offer to entice customers to sign up for its smartphone plans. The flat-rate carrier also tweaked its pricing plans for Apple's iPhone, lowering the entry-level plan by $5 per month.

Sprint, U.S. Cellular offer deals to goose Samsung Galaxy S4 sales

As expected, Samsung Electronics is bringing its flagship Galaxy S4 to a bevy of U.S. carriers--and the operators are tripping over themselves to offer deals tied to the phone in an attempt to boost sales.

Wireless in the first quarter of 2013

How did the wireless industry perform in the first quarter  quarter of 2013? Check here throughout the first-quarter earnings report season for full earnings reports from the wireless industry's carriers, handset makers, equipment suppliers and others.

Exclusive: Verizon to launch $35 prepaid plan with 500 minutes, unlimited mobile web and texting

Verizon Wireless confirmed that tomorrow the carrier will launch a prepaid plan that includes 500 minutes and unlimited mobile web and texting. The plan will go for $35 per month and will only be available on basic phones.

Unsubsidized iPhones not appealing to consumers

Leap Wireless is realizing that unsubsidized Apple iPhone devices are not hot-sellers with consumers. Without carrier subsidies to reduce the price, the latest iPhone model sells for $500 or more, and that price point is too difficult for Leap's cost-conscious consumers to justify.

Cricket spinning off Muve Music, will license service to rival operators

Leap Wireless' ( NASDAQ:LEAP ) Cricket Communications subsidiary will spin off its popular Muve Music service and begin licensing the platform to other mobile operators across the globe. Cricket...