** Correction Premature signs..
W/ the CFO leaving with no good reason and a chairman dumping shares like its swamp land, you don't need to be a guru to figure out something is up.
Most likely as shady as those b@stards in corp. are the will liquidate the company and screw the investors that are stupid enough to buy the stock they are dumping themselves.
What I think will happen
Sprint - Gets the customer base and some spectrum, will likely make all the customer base buy new handsets or sign contracts.
AT&T - Gets leftover spectrum
Employees - get laid off
Banks / Investors / ESPP participants - Get screwed
I'm not getting screwed lol, I left long ago but I want the best for everyone working there or using the services. I just hope this gets the word out and tanks the stock before those rat bastards can dump their own stock.
I think that would hit them in the pocket hard enough to make them realize how bad they are about to ruin peoples lives for the sake of the all mighty dollar.
Suck it Doug........
Looks like they are ramping the earnings call date due to something.......
Leap Re-Schedules First Quarter 2012 Earnings Release and Conference Call for April 25, 2012
SAN DIEGO, April 17, 2012 /PRNewswire via COMTEX/ -- Leap Wireless International, Inc. LEAP +1.46% , a leading provider of innovative and value-driven wireless communications services, announced today that it has advanced the date of its first quarter 2012 earnings release and conference call to after market close on Wednesday, April 25, 2012. The call was previously scheduled for after market close on Thursday, April 26, 2012. Following the release, Leap management will host a conference call with live webcast to discuss these results. Other forward-looking and material information may also be discussed during this call.
Cricket is buying 17mhz of Verizon 700mhz that they are selling Worth 2 million dollars so if something is going to happen im sure they are not going to SPEND 2 MILLION DOLLARS TO JUST GIVE ON THEIR COMPANY
First of all dont call me dumba$$ second of all I dont think you have any information about whats happening on the level red and I have so stay out of this thread and watch what goes down next wednesday.
No Cricket is buying some of Verizon's network worth 2mill dollars RESEARCH LEAP WIRELESS BEFORE YOU OPEN YOUR MOUTH
NEW YORK — Verizon Wireless on Wednesday said it will auction a parcel of radio frequencies, which could be worth billions of dollars in an industry scrambling to offer consumers more cellular broadband.
The offer is contingent on Verizon’s getting government approval for three deals to buy spectrum from cable companies and Leap Wireless for a total of about $4 billion. Those deals were struck in November and December but have met resistance from public-interest groups that say the cellphone company, already the nation’s largest, doesn’t need more spectrum and shouldn’t be cozying up to competitors such as the cable companies.
Spectrum rights are the lifeblood of the wireless industry because they are necessary to operate wireless networks. In recent years, growing demand for wireless data service has prompted cellphone companies to search for more spectrum, which would allow them to offer higher download speeds.
The spectrum Verizon proposes to auction has been called the “beachfront property” of the airwaves because it makes it easy to build a wireless broadband network with good coverage.
Verizon bought the rights to use the frequencies from the government for $4.4 billion in 2008. They were formerly used by UHF TV stations and cover areas including Philadelphia, New York, Washington, Chicago, Dallas, Houston, Los Angeles, and Miami.
Verizon is keeping a larger nationwide swathof spectrum it bought in the same auction. It’s using that for its “4G LTE” network, which went live a year and a half ago.
Verizon spokeswoman Robin Nicol denied that the auction is designed to get regulators at the Federal Communications Commission and Justice Department to approve the spectrum deals with the cable companies and Leap. If those transactions go through, Verizon won’t need the licenses it plans to auction, she said.
“We wanted to put these licenses in the hands of other carriers who could use them, for the benefit of their customers,” she said.
One of the companies that might be interested in the spectrum is No. 2 carrier AT&T Inc., which has been building its own LTE network in adjacent bands.
An AT&T spokesman said the company has no comment on Verizon’s proposal.
Verizon Wireless is a joint venture controlled by Verizon Communications Inc., the New York-based phone company. Vodafone Group P.L.C., a British cellphone company, owns the 45 percent that Verizon doesn’t own.