Leap Wireless International Inc
(NASDAQ: LEAP)
-0.23
-3.77%
| Exchange: | NASDAQ |
| Stock: | Leap Wireless International Inc |
| Industry: | NA |
| Employees: | 3,292 |
| Leap Wireless International, Inc. (Leap) is a wireless communications carrier that offers digital wireless services in the United States under the Cricket brand. Leap’s Cricket service offerings provide customers with unlimited 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 South Texas by its joint venture STX Wireless Operations, LLC, or STX Operations. It controls STX Operations through a 75.75% controlling interest in its parent company, STX Wireless, LLC (STX Wireless). In addition, it owns an 85% non-controlling interest in Savary Island Wireless, LLC (Savary Island), which holds wireless licenses and a related spectrum lease covering the upper Midwest portion of the United States. On October 1, 2012, the Company acquired the remaining 15% controlling. |
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