Leap Wireless has some aggressive plans for wireless broadband. The CDMA operator, which offers unlimited CDMA usage plans, said it expects to increase its CDMA EV-DO base to 100,000 by the end of the year, a substantial increase from the 14,000 subscribers it had at the end of the second quarter. The operator only recently launched EV-DO service for $40 per month in a select number of markets but said it plans to cover 60 million pops by the end of the year.
For the second quarter, Leap reported an income of $14.5 million, down from $30.7 million in second quarter 2007. The company blamed the decrease on new initiatives, including the expansion of its service to cover an additional 8 million people, and the launch of wireless broadband service.
- read RCR Wireless News
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