Leap Wireless has some aggressive plans for wireless broadband. The CDMA operator, which offers unlimited CDMA usage plans, said it expects to increase its CDMA EV-DO base to 100,000 by the end of the year, a substantial increase from the 14,000 subscribers it had at the end of the second quarter. The operator only recently launched EV-DO service for $40 per month in a select number of markets but said it plans to cover 60 million pops by the end of the year.
For the second quarter, Leap reported an income of $14.5 million, down from $30.7 million in second quarter 2007. The company blamed the decrease on new initiatives, including the expansion of its service to cover an additional 8 million people, and the launch of wireless broadband service.
For more:
- read RCR Wireless News [1]
Related stories:
Leap adds 171K new subs. Leap story [2]
Cricket inks $126M deal to launch EV-DO Rev. A. EV-DO story [3]
Links:
[1] http://www.rcrnews.com/article/20080805/WIRELESS/858967122/1003/Leap-bullish-on-mobile-broadband--posts-lower-ARPU
[2] http://www.fiercewireless.com/story/leap-adds-171k-new-subs/2008-08-05
[3] http://www.fiercewireless.com/story/cricket-inks-126m-deal-launch-evdo-rev/2007-06-28