Leap plans LTE rollout as losses grow
Leap plans LTE rollout as losses grow
Published: Thursday 4 August 2011
Region: USA & Canada
Tags:
Leap Wireless
US tier-two operator Leap Wireless announced a net loss of US$58.4 million in the quarter to 30 June 2011, compared with a prior-year loss of US$19.3 million, on revenue of US$760.5 million, up from US$667.3 million. Its subscriber base increased to 5.75 million from 5.29 million. The company is planning to deploy LTE across approximately two-thirds of its current network footprint over the next two-to-three years, with a commercial trial market set for launch late in 2011.
MobileBussinessBriefing.com
Related Posts
- JVC Announces Hybrid Photo HD Video Camera Pegged at $900
- More Than 1.1 Million Houston Living Units Now Benefit From Video Choice With AT&T U-verse TV
- Samsung Galaxy Xcover is built to withstand fire and water
- Philips GoGear Muse 3 PMP protects your hearing
- Samsung Galaxy S II Now Available From Virgin Mobile Canada
- Otherlab Develops Inflatable Robot You Can Ride
- Microsoft refreshes Mango developer tools
- Nokia releases Maps Suite 2.0 for Belle
- Image search coming to eBay mobile apps a la Google Goggles
- LG Optimus U1 to be the company’s first Android ICS smartphone?
