| Business Summary | | Leap
Wireless
International,
Inc.
is
a
wireless
communications
carrier
that
offers
digital
wireless
service
in
the
United
States
under
the
brand
Cricket.
Cricket
service
is
operated
by
the
Company's
wholly
owned
subsidiary,
Cricket
Communications,
Inc.,
a
wholly
owned
subsidiary
of
Cricket
Communications
Holdings,
Inc.
Under
a
license
from
Leap,
Chase
Telecommunications,
Inc.,
a
company
that
Leap
acquired
in
March
2000,
introduced
the
Cricket
service
in
Chattanooga,
Tennessee,
in
March
1999.
Leap
has
introduced
Cricket
service
in
additional
markets
in
the
United
States
in
2000,
and
plans
to
introduce
Cricket
service
in
additional
markets
in
the
United
States
in
2001,
and
beyond.
The
Company
also
has
a
20.1%
interest
in
Pegaso
Telecomunicaciones,
S.A.
de
C.V.,
a
Mexican
company
that
operates
a
wireless
network
in
Mexico. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Leap
Wireless
International
is
a
wireless
communications
carrier
that
deploys,
owns,
operates
and
participates
in
CDMA
telecommunications
networks
in
domestic
and
international
markets.
For
the
six
months
ended
6/30/01,
revenues
totaled
$84.6
million,
up
from
$28.5
million.
Net
loss
before
extraordinary
item
totaled
$242.9
million
vs.
an
income
of
$162.2
million.
Results
reflect
an
increased
number
of
Cricket
customers,
offset
by
the
absence
of
subsidiary
sale
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Harvey White, 66 Chairman
and CEO | $2.0M | $300K | Susan Swenson, 52 Pres,
COO | 992K | 500K | Thomas Bernard, 68 Vice
Chairman and Pres- International Bus. Division of the Company | 578K | 150K | Tom Willardson, 50 Sr.
VP- Fin. and Treasurer | -- | -- | James Hoffmann, 50 Sr.
VP, Gen. Counsel and Sec. | 467K | 48K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|