After delaying a vote on AT&T’s proposed $1.2 billion takeover of Leap Wireless, Leap shareholders met yesterday and resoundingly approved the deal. Leap—which operates as Cricket Wireless—issued a release stating that more than 99 percent of the votes cast were in favor of the proposed merger agreement and 78 percent of the votes were in favor of the advisory proposal regarding executive compensation.
Prepaid carrier Cricket is looking to offer its subscribers...
In the past three years, wholesale connections stemming from mobile virtual network operators (...
Barclays began its coverage of Leap Wireless, parent company of Cricket Wireless, by slapping an underweight tag on the prepaid carrier and putting the price target (PT) at $4. Leap’s stock today is down more than two percent. Barclays follows a number of downgrades for Leap, including JP Morgan Chase downgrading from neutral to underweight.
Prepaid carrier Cricket today annoucned a new family plan discount, as well as a revamp of plans for the iPhone. As part of the family plan discount, consumers will essentially get $10 off the $50 smartphone plan when they activate 2 lines. The $50 smarpthone plan includes 1GB of data...
Both AT&T and U.S. Cellular have confirmed April 16 as the date when they’ll start accepting pre-orders for Samsung’s new flagship smartphone. AT&T has set the price at $249 with a two-year contract while U.S. Cellular has yet to reveal pricing details. Neither carrier has set a release date.
Leap Wireless said it may only sell half as many iPhones as promised in its contract with Apple. The Cricket Wireless company told the Wall Street Journal that the slow sales could leave it with as much as $100 million worth of unsold iPhones by the middle of this year when the first year of its contract ends.
Leap today reported a 2012 fourth-quarter revenue of $756 million, which fell short of the street by $23.62 million. But fourth quarter EPS beat estimates by $0.61, coming in at a loss of 96 cents per share. Net subscriber losses for the fourth quarter hit 337,000, a marked increase over the 269,000 subscribers Leap lost in the previous quarter.
Cricket Communications' on-demand Muve Music service has logged over 1.1 million customers. The service, which launched at the Consumer Electronics Show in Las Vegas in 2010, has been a successful value-add for the prepaid carrier...
Cricket Communications' parent Leap Wireless International continued to lose customers during the third quarter despite the introduction of the iPhone 5 and new price plans.
Cricket Communications is about to become the first operator in the country to offer a prepaid iPhone.
Five wireless operators and one cable provider filed yesterday to swap various swaths of spectrum, reflecting larger moves within the industry to secure additional licenses for overburdened legacy networks and new LTE service.
Clearwire says New York City, San Francisco, Los Angeles, Chicago and Seattle will be among the 31 cities it plans to light up during the first half of next year.
Clearwire finance chief Hope Cochran laid out the company's trump card at an investor conference yesterday: Operators need capacity, and Clearwire has it in spades.
Cricket Communications today became the latest carrier to sign on to the Rural Cellular Association (RCA), which frequently takes policy stances diametrically opposed to AT&T and Verizon Wireless.
Cricket Communications has signed a five-year agreement with Clearwire for wholesale access to its unbuilt TD-LTE network.
Leap Wireless International/Cricket Communications today announced it has surpassed the 500,000 customer mark for its Muve Music service in less than a year.
Cricket Communications parent Leap Wireless International switched on its first LTE service in Tucson, Ariz. today, marking the start of what the company described as a "multi year transition" to the next generation mobile broadband technology. The service will eventually
Verizon Wireless and Cricket yesterday announced that they had agreed to an exchange of 700 MHz spectrum in the Chicago area.
Cricket Communications today announced the introduction of local global calling numbers that allow for unlimited international calling.
Shares in Leap Wireless International were up more than 15 percent in early trading today...
Leap Wireless International says it will begin selling its Cricket prepaid brand in several big box stores and other top vendors...
Leap Wireless International plans to continue expanding its Cricket prepaid brand into retail stores as the operator's smartphone strategy pays off...
Cricket's Muve Music service has surpassed the 200,000 customer mark – doubling its subscriber base in just two months...
Leap Wireless International, aka Cricket Communications, outlined progress in its financial performance in its second-quarter earnings report...
If you think people who pre-pay their cell phone bills aren't the type to shell out for music these days, think again.
Leap Wireless says a $400 million debt offering from Cricket may be used to hasten the launch of its LTE network.
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