While Leap Wireless (LEAP +11.9%) is soaring thanks to its Q3 report, the opposite is true for...

|By:, SA News Editor

While Leap Wireless (LEAP +11.9%) is soaring thanks to its Q3 report, the opposite is true for rival discount carrier MetroPCS (PCS -6.8%). In addition to missing EPS estimates, MetroPCS reported net subscriber additions of just 69K, far below Q2's 200K. Moreover, churn increased by 60 bps, to 4.5%.