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.
Recommended for You
Be the first to know.
Subscribe to our newsletter today.
You'll gain exclusive access to breaking news, expert analysis, and in-depth features delivered right to your inbox.
Comments