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Tuesday, August 7, 2012

Leap Wireless (LEAP) reported earnings Tue 7 Aug 2012


  • Leap Wireless (LEAP) acquired by AT&T (completed in March 2014)

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Leap Wireless International Inc. ($4.32, -$1.21, -21.83%) reported a steep increase in net departing customers in the second quarter, sending shares of the pay-as-you-go wireless provider tumbling to an all-time low Tuesday. Leap, which offers service under the Cricket brand, is now evaluating "all options," including cost cuts and potential asset sales, as it attempts to turn around its business.

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