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PR Newswire (May 14, 2013)
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PR Newswire (Apr 30, 2013)
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PR Newswire (Apr 17, 2013)
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PR Newswire (Apr 15, 2013)
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PR Newswire (Mar 26, 2013)
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PR Newswire (Mar 15, 2013)
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PR Newswire (Feb 25, 2013)
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PR Newswire (Feb 20, 2013)
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Don't Buy Leap Wireless: The Stock Is Not CheapQineqt • Wed, Nov 14, 2012
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Leap Wireless Incurs Mounting Losses in Q2Zacks Investment Research • Thu, Aug 4, 2011
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Why Contracts Are Jumping in LeapoptionMONSTER • Wed, Oct 27, 2010
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Put Sellers Looking for Leap Wireless to JumpoptionMONSTER • Mon, Jul 19, 2010
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Leap Wireless Investor Looks for a TurnaroundoptionMONSTER • Tue, Jun 1, 2010
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Leap Jumps as Wireless Discounter Tops EstimatesSA Editor Jonathan Liss • Fri, Dec 14, 2007
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Leap Wireless Should Rise On BoA NoteNotable Calls • Fri, Aug 31, 2007
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Best And Worst ETFs And Mutual Funds: Telecom SectorDavid Trainer • Tue, Oct 30, 2012
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Sprint Making Progress With Its Network Vision ProjectSaibus Research • Mon, Oct 29, 2012
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Leap Wireless International Inc. Q4 2008 Earnings Call TranscriptThu, Feb 26, 2009
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Leap Wireless International, Inc. Q3 2008 Earnings Call TranscriptWed, Nov 5, 2008
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Leap Wireless International, Inc. Q2 2008 Earnings Call TranscriptTue, Aug 5, 2008
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Leap Wireless International, Inc. Q1 2008 Earnings Call TranscriptMon, May 19, 2008
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Leap Wireless International Inc. Q4 2007 Earnings Call TranscriptMon, Mar 3, 2008
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Leap Wireless Q2 2007 Earnings Call TranscriptWed, Aug 8, 2007
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PR Newswire (Fri, 4:35PM)
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PR Newswire (May 14, 2013)
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at CNBC.com (Apr 30, 2013)
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PR Newswire (Apr 30, 2013)
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at MarketWatch.com (Apr 29, 2013)
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at CNBC.com (Apr 26, 2013)
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PR Newswire (Apr 17, 2013)
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at MarketWatch.com (Apr 15, 2013)
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PR Newswire (Apr 15, 2013)
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PR Newswire (Mar 26, 2013)
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PR Newswire (Mar 15, 2013)
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PR Newswire (Feb 25, 2013)
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at MarketWatch.com (Feb 20, 2013)
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PR Newswire (Feb 20, 2013)
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PR Newswire (Jan 23, 2013)
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PR Newswire (Jan 18, 2013)
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PR Newswire (Jan 2, 2013)
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PR Newswire (Dec 14, 2012)
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PR Newswire (Nov 28, 2012)
LEAP vs. ETF Alternatives
Company Description
We are a wireless communications carrier that offers digital wireless services in the U.S. under the “Cricket®” brand. Our 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... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Monday, May 20, 11:54 AM Leap Wireless (LEAP -2%) slumps after Deutsche cuts shares to Sell while reiterating its $4 PT. The firm is worried about tougher prepaid competition from T-Mobile (via MetroPCS) and AT&T (via its new Aio prepaid brand), and a relatively high valuation (7.4x 2014E EV/EBITDA vs. 4.7x-7x for peers) in spite of "inferior growth prospects." Barclays launched coverage with an Underweight last Friday. Comment! [Tech, On the Move, Quick Ideas]
- Friday, May 17, 9:10 AM Leap Wireless (LEAP) -2.5% after Barclays starts coverage with an Underweight and $4 PT as part of a broader coverage launch of U.S. telecom service providers. Tower owners SBA (SBAC) and American Tower (AMT) have been started at Overweight, and so has Verizon (VZ). AT&T (T) and T-Mobile USA (TMUS) have been started at Equal Weight. Comment! [Tech, On the Move]
- Monday, April 29, 9:55 AM Leap Wireless (LEAP -5.1%) tumbles after JPMorgan's Philip Cusick downgrades shares to Underweight 6 months after cutting shares to Neutral. "The company's mostly 3G-level products and network seem more and more commoditized as MVNOs get more aggressive," writes Cusick, who worries Leap a 4G transition will require heavy capex. He also expects T-Mobile USA to bring the MetroPCS (PCS -0.3%) brand to many Leap markets by year's end. Leap, long propped up by M&A hopes, delivers its Q1 report tomorrow afternoon. Also: Morgan Stanley has resumed coverage on MetroPCS with an Equal-Weight. Comment! [Tech, On the Move, Quick Ideas]
- Monday, April 15, 11:03 AM MetroPCS (PCS -3.6%) and Leap Wireless (LEAP -2.5%) slump in the wake of Dish Network's $25.5B offer for Sprint. The offer, which comes shortly after Bloomberg reported Dish had proposed a tie-up with T-Mobile USA (DTEGY.PK), removes T-Mobile/MetroPCS as an M&A target (for now, at least), and lowers the odds of an offer for Leap. Should a Dish/Sprint merger happen, it would also potentially create a tougher rival for the low-end carriers, though Sprint/SoftBank would arguably do the same. Comment! [Tech, On the Move, M&A]
- Wednesday, April 10, 3:56 PM Leap Wireless (LEAP +3.1%) is closing with a solid gain after the WSJ reported Deutsche Telekom is preparing a higher bid for prepaid rival MetroPCS. Leap, which had 45.4% of its float shorted as of March 15 (that's actually down from late-2012 levels), has often risen and fallen on M&A speculation. Comment! [Tech, On the Move, M&A]
- Wednesday, February 20, 11:14 AM Leap Wireless (LEAP -7.7%) falls after missing Q4 revenue estimates and reporting a 337K subscriber net loss - that's worse than 269K net loss reported for Q3, and evidence of further share losses. Churn was 4.6%, down from Q3's 4.8% but up from 3.9% a year ago, and cost per gross add rose 17% Q/Q and 53% Y/Y to $363. ARPU rose slightly to $42.74, a 4G roaming deal has been signed with an unnamed carrier, and a dispute with Sprint (S) over a wholesale deal has been settled. Shares have been range-bound since last summer. CC underway (webcast). (PR) Comment! [Tech, Earnings, On the Move]
- Thursday, February 14, 11:52 AM Leap Wireless (LEAP +3.5%) jumps to $6.44 after catching an upgrade to Outperform from Wells Fargo, which now thinks the company is worth $10-$15/share. Worth to a potential suitor, that is: Leap has been bought and sold based on its M&A prospects for months. 42.4% of the float was shorted as of Jan. 31. Comment! [Tech, On the Move]
- Friday, February 1, 11:39 AM Leap Wireless (LEAP +4.3%) spikes to $6.01 on an upgrade to Strong Buy from JANCO Partners, which argues shares have declined even as nothing has happened to make the firm change its $7.50 PT. Like others, JANCO sees the struggling prepaid carrier as an attractive M&A target thanks to its spectrum, and believes recent spectrum deals (I, II) bode well for Leap's buyout price. Q4 results are due on Feb. 20. (Jefferies downgrade) Comment! [Tech, On the Move]
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Thursday, January 17, 12:53 PM
Midday top 10 gainers: NEWL +55%. KSWS +48%. SSE +44%. HMNY +21%. CALI +25%. GV +18%. FSI +14%. SHIP +14%. HILL +13%. NLS +13%.
Midday top 10 Losers: HOTR -17%. AMS -13%. PWER -8%. MY -8%. FET -7%. SZYM -8%. CLSN -8%. LEAP -7%. FOLD -7%. MELA -7%. Comment! [On the Move] - Thursday, January 17, 11:52 AM Leap Wireless (LEAP -6.2%) slumps on a downgrade to Underperform from Jefferies, which notes business trends are weak and say it doesn't view the carrier's spectrum (which has made it the subject of non-stop M&A speculation) a "must-have" asset. Moreover, even if there is interest in Leap's spectrum, Jefferies doesn't activity picking up until 2H (i.e. a point where T-Mobile/MetroPCS and Sprint/SoftBank/Clearwire will have likely closed). Comment! [Tech, On the Move]
- Thursday, January 10, 5:27 PM It's time for another dose of Leap Wireless (LEAP +9.7%) M&A speculation. Shares rallied over the course of the day after Guggenheim's Shing Yin argued there's a 70% chance MetroPCS (PCS) will make a bid after finishing its merger with T-Mobile USA. Six weeks ago, Yin claimed Sprint might make a bid for MetroPCS within four weeks. Leap, which had a whopping 61.5% of its float shorted on Dec. 14, reportedly held talks at one point about a 3-way deal with MetroPCS and T-Mobile. Comment! [Tech, On the Move, M&A]
- Wednesday, January 9, 10:45 AM "It's hard for me to imagine that what Dish wants is Clearwire ... It could be a chess move to get a partnership with Sprint," opines Bernstein's Craig Moffett. Jefferies and Macquarie also think Dish's (DISH +2.1%) $3.30/share offer for Clearwire (CLWR +7.7%) is an attempt to cut a deal with Sprint (S -1.4%), long named as a potential 4G partner but currently in the midst of selling itself to SoftBank (SFTBF.PK). Macquarie adds a $3.50-$3.75/share Sprint bid might be needed to get Dish and dissident shareholders to back down. PCS +1.8%. LEAP +0.9%. 7 Comments [Tech, On the Move, M&A]
- Tuesday, January 8, 1:35 PM Verizon (VZ -3%), MetroPCS (PCS -2.8%), and Leap Wireless (LEAP -3.2%) are selling off after AT&T announced it sold 10M+ smartphones in Q4. Verizon ticked higher yesterday after announcing it had 2.1M net wireless subscriber adds in Q4. Comment! [Tech, On the Move]
- Tuesday, December 4, 2012, 9:21 AM MetroPCS (PCS) -7.2% after 3 sources tell Reuters Sprint (S) is unlikely to make an offer for the discount carrier in the near-term, out of concern it would complicate the regulatory review of the SoftBank (SFTBF.PK) deal. Sprint could revisit a MetroPCS bid after the SoftBank deal closes, but with the T-Mobile/MetroPCS deal expected to close somewhere in 1H13, and Sprint and SoftBank shooting for a mid-2013 close, Sprint might not have much time. LEAP -1.6%. (previous) Comment! [Tech, On the Move, M&A]
- Friday, November 30, 2012, 1:00 PM MetroPCS (PCS +3%), Leap Wireless (LEAP +4.3%), and Clearwire (CLWR +8.1%) are higher after a Guggenheim Securities analyst writes Sprint (S -0.6%) could make a $12-$13/share bid for MetroPCS in the next 4 weeks. Speculation debt-laden Sprint will try to grab MetroPCS from T-Mobile has been around for a while, aided by the fact SoftBank's (SFTBF.PK) CEO has said he won't rule out an offer. Also: Chat on the Street has passed on a (somewhat questionable) rumor Carlos Slim is talking with Clearwire. Comment! [Tech, On the Move, M&A]
- Monday, November 19, 2012, 11:48 AM Leap Wireless (LEAP +3.7%) outperforms following news Dish Network (DISH -2.1%) offered $11/share for MetroPCS (PCS +1.2%) before the latter decided to merge with T-Mobile USA. With MetroPCS off the table in the absence of a higher bid, Dish could conceivably turn to Leap to further its 4G ambitions. Dish is underperforming: aside from the MetroPCS disclosure, investors may be bothered by the WSJ's claim that FCC officials are "leaning" toward limiting the use of Dish's 4G spectrum out of interference concerns. (Dish/Google) Comment! [Tech, On the Move, M&A]
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Saibus Research
What we think of Sprint as an investment $S $AAPL $LEAP $TMUS $T $VZ http://seekingalpha.com/a/iaad - View all 0 replies
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Michael Bryant
Pizza Inn (PZZI), Leap Wireless International (LEAP), & Elizabeth Arden (RDEN) are opening strong for 2nd day. All had big gains yesterday. - View all 0 replies
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Saibus Research
Sprint's Long-Term Corporate Evolution $S, $CLWR, $ERIC, $LEAP, $T, $VZ http://seekingalpha.com/a/gdgv - View all 0 replies
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Stock Market Joe
Invested with LEAP Calls in $KOL and $UNG. Gains from one will outweigh any losses. Also long $RSX. - View all 2 replies
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Stock Market Joe: I agree. I have since took the gains and diversified with emerging market ADR's.
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Saibus Research
Prepaid iPhone Will Boost Sprint/Virgin Mobile And Leap Wireless http://seekingalpha.com/a/dxj1 $S $AAPL $LEAP $TMUS $T $VZ - View all 1 replies
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LATEST REPLIES
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Stock Market Joe
Invested with LEAP Calls in $KOL and $UNG. Gains from one will outweigh any losses. Also long $RSX. - View all 2 replies
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Stock Market Joe: I agree. I have since took the gains and diversified with emerging market ADR's.
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Saibus Research
Prepaid iPhone Will Boost Sprint/Virgin Mobile And Leap Wireless http://seekingalpha.com/a/dxj1 $S $AAPL $LEAP $TMUS $T $VZ - View all 1 replies
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freefdawatchlist: PCLN rallied $14 and then down $9, monday is a bullish day so definitely PCLN will rally -
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Common King
looking for information on buying LEAP's... have never done it before, I like $AAPL, $F, $INTC '14 calls... any advice? - View all 14 replies
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Ricardo Espinosa: That´s right, volatility will cause options to rise in price, both calls and puts, and it´s kind of "protection" against theta decay -
Ricardo Espinosa: but unless volatility it rises above 60, it´s unlikely to absolutely counter strong drops in price, it balances it out, kind of.




