Leap Wireless International, Inc. - San Diego Business Website

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Company:	Leap Wireless International, Inc.
Web Address:	http://www.leapwireless.com
Address:	10307 Pacific Center Court San Diego, CA 92121
Phone:	(858) 882-6000
Type:	Telecom
Profile:	Leap, headquartered in San Diego, Calif., is a customer-focused company providing innovative mobile wireless services targeted to meet the needs of customers under-served by traditional communications companies. With the value of unlimited wireless services as the foundation of its business, Leap pioneered both Cricket® and JumpTM Mobile services. Through a variety of low, flat rate, service plans, Cricket service offers customers a choice of unlimited anytime local voice minutes, unlimited anytime domestic long distance voice minutes, unlimited text, instant and picture messaging and additional value-added services over a high-quality, all-digital CDMA network. Designed for the urban youth market, the Jump Mobile service is a unique prepaid wireless service offering customers free unlimited incoming calls from anywhere with outgoing calls at an affordable 10 cents per minute and free incoming and outgoing text messaging. Both Cricket and Jump Mobile services are offered without long-term commitments or credit checks.
Specialty:	Cricket is a simple and affordable mobile phone service offering customers and local businesses flat-rate, unlimited service over a high-quality, all-digital wireless network. Designed for customers under-served by traditional communications companies, Cricket is the pioneer of unlimited local and domestic long distance anytime minutes with no long-term commitments or credit checks required. Cricket offers customers access to a variety of the latest handsets and feature-rich mobile applications such as unlimited text messaging and picture messaging, popular games, ringtones and wallpapers, as well as international long distance and roaming. Cricket customers use their wireless service differently than the average mobile phone user. Based on company surveys, Cricket customers talk an average of 1,500 minutes per month — more than double the wireless industry average. And 52 percent of Cricket customers have “cut the cord” and rely solely on Cricket for their phone service. By comparison, six percent of all other U.S. wireless subscribers rely solely on their mobile phone (Yankee Group survey). In addition, 93 percent of Cricket customers reported their Cricket phone was their primary phone, compared to only 49 percent of traditional wireless customers. Market Opportunity Contract-based wireless plans are rapidly reaching market saturation. Wall Street analysts predict U.S. wireless penetration will reach 80 percent by 2010. Additional penetration is expected to come from the market segments Cricket currently serves. Cricket delivers adjusted EBITDA margins similar to other leading wireless telecommunications companies, but from an average rate per user that is one-third less than the industry average. As the face of wireless changes, Cricket is well positioned to capture this opportunity and increase its market share. Growth Potential In February 2005, the company’s subsidiary, Cricket Licensee (Reauction), Inc. was named the winning bidder in the FCC’s Auction #58 for four wireless licenses covering approximately 11.1 million potential customers. The company acquired these licenses in May 2005. In addition, a subsidiary of Alaska Native Broadband 1, LLC, a business in which Cricket owns a 75 percent non-controlling interest, was named the winning bidder in Auction #58 for nine wireless licenses covering approximately 10.1 million potential customers. The transfers of these wireless licenses to the subsidiary of Alaska Native Broadband I, LLC, are subject to FCC approval. For more information on Cricket visit www.mycricket.com. About Jump™ Mobile Geared for the urban, mobile-dependent youth market, Jump Mobile is defining low-cost prepaid wireless service with unlimited inbound and outbound text messaging, unlimited incoming calls from anywhere, and only 10 cents per minute for local and domestic long distance outgoing calls. Jump Mobile is the service of choice for those who don’t want hidden charges or connection fees. Jump Mobile gives users access to a high-quality, all-digital wireless network, plus a variety of the latest phones, accessories, ringtones, wallpapers and games. Jump Mobile is available with a new “bubble pack” phone – the Motorola c341 – which has a retail price of just $69.99, including 150 minutes of outgoing and unlimited incoming prepaid airtime. Jump Mobile plans are offered in four denominations, including: * $15 for 150 anytime minutes of outbound local and domestic long distance calling, free unlimited inbound calling from anywhere, and free inbound and outbound text messaging. * $25 for 250 anytime minutes of outbound local and domestic long distance calling, unlimited inbound calling from anywhere, and free inbound and outbound text messaging. * $35 for 350 anytime minutes of outbound local and domestic long distance calling, free unlimited inbound calling from anywhere, and free inbound and outbound text messaging. * $50 for 500 anytime minutes of outbound local and domestic long distance calling, free unlimited inbound calling from anywhere, and free inbound and outbound text messaging.
Locations:	Headquarters 10307 Pacific Center Court San Diego, California 92121 Tel: 858-882-6000 Fax: 858-882-6010 Investor Relations Jim Seines Director, Investor Relations 10307 Pacific Center Court San Diego, California 92121 Tel: 858-882-6084 Fax: 858-882-6030 Marcy Graham Manager, Investor Relations 10307 Pacific Center Court San Diego, California 92121 Tel: 858-882-9292 Fax: 858-882-6030 News Media Relations Greg Lund 10307 Pacific Center Court San Diego, CA 92121 Phone: 858-882-9105 Fax: 858-882-6030 Customer Relations customerrelations2@cricketcommunications.com
Other:	Leap's Cricket service has created an alternative to landline phone service and is quickly becoming the nation’s first wireless home phone. By combining the best of the basic landline phone and the traditional wireless phone, Cricket is successfully operating in 39 markets across 20 states. With more than 42% of our over 1.5 million customers using Cricket as their primary phone, we are leading the national trend of shifting calls and minutes from traditional landline service to wireless phones. How? By offering a very affordable, local wireless service. So if you are looking to join a national leader in wireless and you possess high-energy, a drive to succeed and wireless expertise, your next great opportunity might be on our team.

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