CORRECTING and REPLACING Leap Expands Cricket Network in Texas; Offering Texas-Sized Unlimited Plans to Subscribers

Date : 05/05/2008 @ 9:12AM
Source : Business Wire
Stock : Leap Wireless International, Inc. (LEAP)
Quote : 24.24  -2.19 (-8.29%) @ 8:00PM
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CORRECTING and REPLACING Leap Expands Cricket Network in Texas; Offering Texas-Sized Unlimited Plans to Subscribers

Fourth graph, first sentence of release should read: Customers in the new Texas markets will be able to choose from a wide variety of rate plans, ranging from $35 to $60 a month which include an assortment of features such as unlimited anytime minutes, unlimited U.S. long distance, unlimited text and picture messaging, unlimited international text, unlimited Mobile Web, unlimited directory assistance and nationwide roaming minutes (sted xxx unlimited international text, unlimited talk to Mexico, unlimited Mobile Web, unlimited directory assistance and nationwide roaming minutes).

The corrected release reads: LEAP EXPANDS CRICKET NETWORK IN TEXAS; OFFERING TEXAS-SIZED UNLIMITED PLANS TO SUBSCRIBERS ~Cricket Brings Variety of Unlimited Wireless Services to Beaumont, Brownsville, Corpus Christi, Laredo and McAllen, Expanding Its Texas Footprint to More Than 25,000 Square Miles~ Leap Wireless International, Inc. (NASDAQ:LEAP), the parent company of Cricket Communications, Inc, a leading provider of innovative and value-driven wireless communications services, will significantly expand its existing Texas calling area by offering its Cricket unlimited wireless services to Texans in Beaumont, Brownsville, Corpus Christi, Laredo and McAllen beginning tomorrow. These new markets cover approximately 2.4 million potential new customers, bringing Cricket’s national covered POPs to approximately 57 million.

Cricket expects to launch at full retail and network footprint capacity. Beginning tomorrow, Cricket service will be available through a total of 100 points of distribution in the region including 10 Cricket retail stores, 37 exclusive dealers and 53 indirect dealers. Cricket’s entire Texas coverage area now spans approximately 25,700-square miles – the largest network in the state offered by a no-contract unlimited wireless service provider. In addition to the new coverage areas, Cricket service is currently available to Texas residents in Houston, Bryan/College Station, Temple/Killeen, Austin, San Antonio and El Paso.

“We are delighted to bring affordable, value-rich, unlimited services to more than two million new potential customers in south Texas,” said Doug Hutcheson, president and chief executive officer of Leap. “This is the second market launch in a planned AWS expansion program that is expected to double the size of our company by 2010. Our customer numbers continue to grow as more and more consumers realize the outstanding quality and value that Cricket offers and we look forward to serving customers across the South Texas region.” Customers in the new Texas markets will be able to choose from a wide variety of rate plans, ranging from $35 to $60 a month which include an assortment of features such as unlimited anytime minutes, unlimited U.S. long distance, unlimited text and picture messaging, unlimited international text, unlimited Mobile Web, unlimited directory assistance and nationwide roaming minutes. Customers will have a choice of three AWS handsets at the time of launch: the Samsung Spex, the Samsung My Shot and the UTStarcom CDM7126.

For more information about Cricket and its wireless plans visit: www.mycricket.com or for more information on Leap Wireless visit: www.leapwireless.com.

About Leap Leap provides innovative, high-value wireless services to a fast-growing, young and ethnically diverse customer base. With the value of unlimited wireless services as the foundation of its business, Leap pioneered its Cricket(R) service. The Company and its joint ventures now operate in 23 states and hold licenses in 35 of the top 50 U.S. markets. Through its affordable, flat-rate service plans, Cricket offers customers a choice of unlimited voice, text, data and mobile Web services. Headquartered in San Diego, Calif., Leap is traded on the NASDAQ Global Select Market under the ticker symbol "LEAP." For more information, please visit www.leapwireless.com.

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