Leap Wireless International http://www.alacrastore.com/company-snapshot/Leap_Wireless_International-2102125 Saturday, October 11, 2008 3:23:28 AM 2102125 Leap Wireless International en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/newstex/BW-0001-28628875newstex/BW-0001-28628875xml Oct. #, #### (Business Wire) -- Leap Wireless International, Inc. (NASDAQ:LEAP), a leading provider of innovative and value-driven wireless communications services, announced today that it plans to release financial and subscriber...04000000040160000401601804016048040030000400300910/9/2008 8:24:15 AM180000001800400018008000Business WireBW-0001-28628875LEAP WIRELESS INTERNATIONAL INCLEAPNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/MCOM-0007-28456863newstex/MCOM-0007-28456863xml Sep. ##, #### (M# Communications Ltd. delivered by Newstex) -- Leap Wireless International Inc (Nasdaq:LEAP), a provider of wireless services, and MetroPCS Communications Inc (NYSE: PCS), a provider of unlimited wireless communications...0400000004018000040030000400300904016000040160270200000002002000020020069/30/2008 6:18:13 AM180000001802200018014000M2 TelecomworldwireMCOM-0007-28456863LEAP WIRELESS INTERNATIONAL INCMETROPCS COMMUNICATIONS INC.LEAPPCSNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/MCOM-0004-28456647newstex/MCOM-0004-28456647xml Sep. ##, #### (M# Communications Ltd. delivered by Newstex) -- Leap Wireless International Inc (Nasdaq:LEAP), a provider of wireless services, and MetroPCS Communications Inc (NYSE: PCS), a provider of unlimited wireless communications...0400000004018000040030000400300904016000040160270200000002002000020020069/30/2008 6:18:13 AM180000001802200018014000M2 EquityBitesMCOM-0004-28456647LEAP WIRELESS INTERNATIONAL INCMETROPCS COMMUNICATIONS INC.LEAPPCSNewsNewstexhttp://www.alacrastore.com/storecontent/bir/772560bir/772560normLeap Wireless International Inc.Qualcomm Spinco Inc.United StatesCommunications: Wireless communications, and services.481351711017FKLEAP9/27/2008 6:15:22 AM772560Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/newstex/MCOM-0004-27199618newstex/MCOM-0004-27199618xml Aug. #, #### (M# Communications Ltd. delivered by Newstex) -- Leap Wireless International Inc (Nasdaq:LEAP), a provider of wireless communications services, on # August reported financial and operational results for the second quarter...0400000004016000040160188/6/2008 6:17:10 AM1800000018004000M2 EquityBitesMCOM-0004-27199618LEAP WIRELESS INTERNATIONAL INCLEAPNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/MW-0001-27174519newstex/MW-0001-27174519xml WESTON, FL, Aug. #, #### (Marketwire delivered by Newstex) -- WESTON, FL -- (MARKET WIRE) -- ##/##/## -- Wall Street News Alert's "stocks to watch" this morning are: VIPR Industries Incorporated (PINKSHEETS: VIPR), Procter & Gamble...040000000400900011000000110200001300000013004000130040010400300004003009040160000401600504012000040120028/5/2008 10:19:05 AM1800000018016000180230001900000019001000190010321900200019002001MarketwireMW-0001-27174519ELAN CORP PLCLEAP WIRELESS INTERNATIONAL INCPROCTER & GAMBLE COVIPR INDUSTRIES INCELNLEAPPGVIPRNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/MCOM-0004-27025087newstex/MCOM-0004-27025087xml Jul. ##, #### (M# Communications Ltd. delivered by Newstex) -- Leap Wireless International Inc (Nasdaq:LEAP), a provider of wireless communications services, announced on Tuesday (## July) changes in responsibilities of two senior executives...090000000901500011000000110060000400000004016000040160087/30/2008 5:15:35 AM1800000018007000M2 EquityBitesMCOM-0004-27025087LEAP WIRELESS INTERNATIONAL INCVERIZON COMMUNICATIONS INCGLENN T UMETSULEAPVZVZCNewsNewstexhttp://www.alacrastore.com/storecontent/spcred/656129spcred/656129normThe latest Summary from S&Pglobal6/25/2008 3:31:47 PM175Summary656129United StatesWireless Telecommunication ServicesUnited StatesGlobal IssuersCorporationsTelecommunications & CableHigh TechnologySummaryThe ratings on San Diego-based wireless carrier Leap Wireless International Inc. reflect a very high degree of business risk given its nontraditional flat-rate limited mobility, unlimited usage wireless business model, a fairly limited operating history, and execution risk from the buildout of new markets. Although Leap has demonstrated success in attracting subscribers to its less expensive wireless service, national players may begin to aggressively target the company's subscriber base with their own tailored pricing plans as the wireless industry matures. The ratings also reflect a highly leveraged financial profile, including expectations for significant discretionary cash flow losses over the next couple of years as a result of its planned market expansion. Tempering factors include a low cost structure and adequateUSA52186350102010 501020 5010 50Leap Wireless International Inc.341717USALWINSUMMARYGLOBISSCORPTelecommunicationsHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/656045spcred/656045normThe latest Full Report from S&Pglobal6/25/2008 1:09:46 PM400Full Report656045United StatesWireless Telecommunication ServicesUnited StatesGlobal IssuersCorporationsTelecommunications & CableHigh TechnologyFull ReportA niche market; Low cost structure; and Adequate liquidity. High degree of business risk, given Leap's nontraditional wireless business model; A fairly limited operating history; Execution risk from the buildout of new markets; and A highly leveraged financial profile. The ratings on San Diego-based wireless carrier Leap Wireless International Inc. reflect a very high degree of business risk given its nontraditional flat-rate limited mobility, unlimited usage wireless business model, a fairly limited operating history, and execution risk from the buildout of new markets. Although Leap has demonstrated success in attracting subscribers to its less expensive wireless service, national players may begin to aggressively target the company's subscriber base with their own tailored pricing plans as the wireless industry matures. TheUSA52186350102010 501020 5010 50Leap Wireless International Inc.341717USALWINFULLGLOBISSCORPTelecommunicationsHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/COP_600052018moodys/COP_600052018htmlGlobal Credit Research Credit Opinion ## AUG #### Credit Opinion: Leap Wireless International, Inc. Leap Wireless International, Inc. San Diego, California, United States Ratings Category Moody's Rating Outlook Stable Corporate Family...6/21/2008 12:34:00 AMhtmlLeap Wireless International, Inc.Leap Wireless International, Inc.600052018150.0000NewsCredit OpinionCOP_600052018Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/655268spcred/655268normThe latest News from S&Pglobal6/20/2008 1:20:51 PM100News655268United StatesWireless Telecommunication ServicesUnited StatesGlobal IssuersCorporationsHigh TechnologyTelecommunications & CableNewsNEW YORK (Standard&Poor's) June 20, 2008--Standard&Poor's said today it affirmed its 'B-' issue-level and '4' recovery ratings on Cricket Communications Inc.'s $300 million of senior notes due 2015, upsized from the previously proposed $200 million. We also affirmed our rating of 'CCC' and recovery rating of '6' on parent Leap Wireless International Inc.'s $220 million of convertible senior notes due 2014, upsized from the previously proposed $200 million. For the complete recovery report, see "Leap Wireless International Inc.'s Recovery Rating Profile," to be published on RatingsDirect immediately following the release of this article. All of the other ratings on Leap and its subsidiaries, including its 'B-' corporate credit rating, remain unchanged. (For the complete corporate creditUSA52186350102010 501020 5010 50Leap Wireless International Inc.341717USALWINNEWSUSA22656622656750102010 501020 5010 50Cricket Communications Inc.383378USAGLOBISSCORPHighTelecommunicationsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_157673_807723538moodys/PR_157673_807723538htmlGlobal Credit Research Rating Action ## JUN #### Rating Action: Cricket Communications, Inc. Moody's changes Leap's outlook to stable; rates new notes Approximately $# billion of debt securities affected New York, June ##, #### --...6/20/2008 12:38:55 AMhtmlCricket Communications, Inc.Leap Wireless International, Inc.Cricket Communications, Inc.; Leap Wireless International, Inc.807723538600052018150.0000NewsRating ActionPR_157673_807723538Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/654927spcred/654927normThe latest News from S&Pglobal6/19/2008 10:31:31 AM100News654927United StatesWireless Telecommunication ServicesUnited StatesGlobal IssuersCorporationsTelecommunications & CableHigh TechnologyNewsNEW YORK (Standard&Poor's) June 19, 2008--Standard&Poor's Rating Services said today it assigned its 'CCC' rating to Leap Wireless International Inc.'s proposed $200 million of convertible senior notes due 2014, with a '6' recovery rating, indicating the expectation for negligible (0%-10%) recovery in the event of a payment default. At the same time, we assigned a 'B-' rating to funding unit Cricket Communications Inc.'s proposed $200 million of senior notes due 2015 with a '4' recovery rating, indicating the expectation for average (30%-50%) in the event of a payment default (see separate recovery report to be published later today on RatingsDirect). These are being issued under Rule 144A with registration rights. We also affirmed San Diego-based Leap'sUSA52186350102010 501020 5010 50Leap Wireless International Inc.341717USALWINNEWSUSA22656722656650102010 501020 5010 50Cricket Communications Inc.383378USAGLOBISSCORPTelecommunicationsHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/654928spcred/654928normThe latest Research Update from S&Pglobal6/19/2008 10:31:31 AM175Research Update654928United StatesWireless Telecommunication ServicesUnited StatesGlobal IssuersCorporationsHigh TechnologyTelecommunications & CableResearch UpdateOn June 19, 2008, Standard&Poor's Rating Services assigned its 'CCC' rating to Leap Wireless International Inc.'s proposed $200 million of convertible senior notes due 2014, with a '6' recovery rating, indicating the expectation for negligible (0%-10%) recovery in the event of a payment default. At the same time, we assigned a 'B-' rating to funding unit Cricket Communications Inc.'s proposed $200 million of senior notes due 2015, with a '4' recovery rating, indicating the expectation for average (30%-50%) in the event of a payment default. (For the complete recovery analysis, see "Leap Wireless International Inc.'s Recovery Rating Profile," to be published separately on RatingsDirect immediately following the release of this article.) These are being issued under Rule 144AUSA52186350102010 501020 5010 50Leap Wireless International Inc.341717USALWINRESUPDUSA22656622656750102010 501020 5010 50Cricket Communications Inc.383378USAGLOBISSCORPHighTelecommunicationsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/641338spcred/641338normThe latest Summary from S&P4/7/2008 1:15:24 PMSummary175global641338United StatesWireless Telecommunication ServicesUnited StatesGlobal IssuersCorporationsTelecommunications & CableHigh TechnologySummaryThe ratings on San Diego, Calif.-based wireless carrier Leap Wireless International Inc. reflect a very high degree of business risk, given its nontraditional wireless business model, a limited operating history, and execution risk from the buildout of new markets. Although Leap has demonstrated success in attracting subscribers to its less-expensive wireless service, national players may begin to aggressively target the company's subscriber base with their own tailored pricing plans as the wireless industry matures. The ratings also reflect a highly leveraged financial profile, including expectations for significant discretionary cash flow losses over the next couple of years as a result of its planned market expansion. Tempering factors include a low cost structure and adequate liquidity. Leap offers local wireless servicesUSA52186350102010 501020 5010 50Leap Wireless International Inc.341717USALWINSUMMARYGLOBISSCORPTelecommunicationsHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/623257spcred/623257normThe latest News from S&P12/28/2007 1:17:50 PMNews100global623257United StatesWireless Telecommunication ServicesUnited StatesGlobal IssuersCorporationsTelecommunications & CableHigh TechnologyNewsNEW YORK (Standard&Poor's) Dec. 28, 2007--Standard&Poor's Ratings Services said today it affirmed its ratings on San Diego, Calif.-based Leap Wireless International Inc., including the 'B-' corporate credit rating, and removed them from CreditWatch. The outlook is stable. The ratings affirmation follows the release of Leap's second-quarter 2007 10-Q, which brings the company into compliance with reporting requirements under its credit facility. Leap, a wireless carrier, had received a waiver from the secured lenders on Nov. 20, subject to filing of the restated financial statements by Dec. 31, 2007. "Although our immediate liquidity concerns have been partially mitigated, we have determined that the reinstatement of a positive outlook will hinge on the company's ability to limit furtherUSA52186350102010 501020 5010 50Leap Wireless International Inc.341717USALWINNEWSGLOBISSCORPTelecommunicationsHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/623258spcred/623258normThe latest Research Update from S&P12/28/2007 1:17:50 PMResearch Update175global623258United StatesWireless Telecommunication ServicesUnited StatesGlobal IssuersCorporationsHigh TechnologyTelecommunications & CableResearch UpdateOn Dec. 28, 2007, Standard&Poor's Ratings Services affirmed its ratings on San Diego, Calif.-based Leap Wireless International Inc., including the 'B-' corporate credit rating, and removed them from CreditWatch. The outlook is stable. The ratings affirmation follows the release of Leap's second-quarter 2007 10-Q, which brings the company into compliance with reporting requirements under its credit facility. Leap, a wireless carrier, had received a waiver from the secured lenders on Nov. 20, subject to filing of the restated financial statements by Dec. 31, 2007. Although our immediate liquidity concerns have been partially mitigated, we have determined that the reinstatement of a positive outlook will hinge on the company's ability to limit further accounting issues, which would require aUSA52186350102010 501020 5010 50Leap Wireless International Inc.341717USALWINRESUPDUSA22656722656650102010 501020 5010 50Cricket Communications Inc.383378USAGLOBISSCORPHighTelecommunicationsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_61979_600052018moodys/PR_61979_600052018htmlRating Action12/21/2007 4:57:53 AMGlobal Credit Research Rating Action ## NOV #### Rating Action: Leap Wireless International, Inc. MOODY'S DOWNGRADES RATINGS OF LEAP WIRELESS INTERNATIONAL. SR UNSECURED TO C FROM Caa#. Approximately $###.# Million of Debt Securities...Leap Wireless International, Inc.600052018150.00NewshtmlLeap Wireless International, Inc.PR_61979_600052018Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/OU_600052018moodys/OU_600052018htmlOpinion Update12/21/2007 4:54:50 AMGlobal Credit Research Opinion Update ## NOV #### Opinion Update: Leap Wireless International, Inc. Leap Wireless International, Inc. San Diego, California, United States Ratings Category Moody's Rating Senior Implied Ca Issuer Rating...Leap Wireless International, Inc.600052018150.00NewshtmlLeap Wireless International, Inc.OU_600052018Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/612488spcred/612488normThe latest News from S&P11/9/2007 3:33:02 PMNews100global612488United StatesWireless Telecommunication ServicesUnited StatesGlobal IssuersCorporationsHigh TechnologyTelecommunications & CableNewsNEW YORK (Standard&Poor's) Nov. 9, 2007--Standard&Poor's Ratings Services said today it placed its ratings on San Diego, Calif.-based Leap Wireless International Inc., including the 'B-' corporate credit rating, on CreditWatch with negative implications. "This reflects the possibility the company will trigger a potential default under its $1.1 billion senior secured credit facility because of its plan to restate certain audited financial statements," said Standard&Poor's credit analyst Allyn Arden. The restatements are to correct errors in previously reported service revenues, equipment revenues, and operating expenses for fiscal years 2004, 2005, and 2006 and the first and second quarters of 2007. The restatements could also potentially trigger a default under the company's $1.1 billion senior unsecuredUSA52186350102010 501020 5010 50Leap Wireless International Inc.341717USALWINNEWSGLOBISSCORPHighTelecommunicationsCredit & Investment ResearchS&P Credit Research