Monday, August 5, 2013

Leap Wireless widens Q2 loss on debt payment

Leap Wireless International Inc.'s second-quarter loss sharply widened as the pay-as-you-go wireless provider recorded a steep loss tied to a debt payment and lower revenue as the number of subscribers declined.

The company added 283,066 gross customers, compared with 492,720 additions a year earlier. Leap ended the quarter with 4.8 million

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Source: http://www.totaltele.com/view.aspx?ID=482634

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