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Leap Wireless reports lower than expected Q2 earnings, stock falls 10%

0. phoneArena posted on 06 Aug 2012, 23:10

Saying that it believes that certain provisions in the wholesale agreement do not obligate Leap Wireless to make its 2012 payment to Sprint, the Cricket Wireless owner will not be writing out a check to the nation;s third largest carrier for $75 million...

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posted on 06 Aug 2012, 23:28 1

1. zackh121556 (Posts: 101; Member since: 01 Feb 2012)

Ouch...and with the Iphone lol. should have got the GSIII

posted on 07 Aug 2012, 00:25

2. Allen3697 (Posts: 86; Member since: 26 Mar 2012)

I'm so glad that Cricket (my company) decided to waste a billion dollars on a phone that is barely able to run on Cricket's bad network. I can't wait to jump ship....

posted on 07 Aug 2012, 03:44

3. pikapowerize (banned) (Posts: 1869; Member since: 03 May 2012)

oh come on iPhone haters... carriers will choose iPhone bacause its an iPhone and people want one.... this is business we are talking about...
i mean s3 is great but there's people who dont like samsung brand as a phone (like me i just like their appliance)

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