|
|
Articles tagged with: Cricket and Leap Wireless
Leap Wireless Unit to Buy Hargray Communications Unit for $30 Million
Leap Wireless International's cricket Communications Inc. unit agreed to acquire Hargray Communications Group's wireless telecommunications business for $30 million to bring cricket services to the Savannah, Ga., and Hilton Head, S.C., areas. more
Related Tags: USA
Nortel Wins USA CDMA Expansion Contract
Nortel Networks has signed a three year, US$135 million agreement to supply cricket Communications with CDMA equipment to expand its network coverage. cricket will use Nortel CDMA2000 1X and EV-DO Rev A equipment to expand their services to new markets across the U.S. using recently acquired Advanced Wireless Services (AWS) spectrum. more
Related Tags: nortel, cdma2000-1x, cdma2000, advanced-wireless-services, aws
Alcatel-Lucent Wins US CDMA Contract
Alcatel-Lucent says that it has been awarded a five-year agreement worth up to US$126 million by the USA based CDMA operator, cricket - the consumer brand name of Leap Wireless. Under terms of the agreement, the new market expansion includes the deployment of CDMA2000 1xEV-DO Revision A (Rev. A). more
Related Tags: alcatel-lucent, cdma2000-1x, cdma2000, 1xev-do
Huawei Wins 3G Contract in USA
Huawei says that it has signed a 3G agreement with the USA based CDMA operator, Leap Wireless. The agreement represents the first commercial contract between Leap and Huawei. According to the agreement, Leap will deploy Huawei technology with its cricket wireless services in Spokane, Wash., Boise, Idaho, and Reno, Nev. more
The USA based operator, Leap Wireless and Alaska Native Broadband 1 License, a Leap joint venture, has signed three-year agreements with Lucent Technologies collectively valued at approximately US$125 million, providing Leap and ANB with 3G CDMA2000 1xEV-DO technology in new ANB markets and existing Leap markets across the United States. Under the terms of the agreements, Leap's operating subsidiary, cricket Communications has committed to purchase US$119 million of equipment, while ANB has committed to US$6 million. more
Leap Sells Licenses, Assets To Verizon Wireless"
SAN DIEGO -(Dow Jones)- Leap Wireless International Inc. (LEAP) agreed to sell sell certain spectrum licenses and operating assets to Verizon Wireless for $102.5 million in cash. more
Related Tags: verizon-communications, federal-communications-commission
Leap secures 80% debt write-down
Leap Wireless, which operates a CDMA network under the cricket brand name, has announced that the U.S. Bankruptcy Court for the Southern District of California has confirmed the Company's Fifth Amended Joint Plan of Reorganization, clearing the way for the Company to complete its financial restructuring and emerge from Chapter 11 with a long-term capital structure that reflects a more than 80% reduction in the Company's long-term debt. more
Related Tags: ptc, bankruptcy, wind
Leap gets permission to sell spectrum licenses
The bankrupt US CDMA carrier, Leap Wireless has announced that the U.S. Bankruptcy Court for the Southern District of California in San Diego, California has approved a Bidding Procedures Motion to authorize the sale of 15 MHz of spectrum in each of the Idaho Falls and Twin Falls, Idaho markets. As part of its ongoing efforts to maximize value through the sale of excess spectrum, Leap's subsidiary which owns these licenses, cricket Licensee (Reauction), had previously entered into a license acquisition agreement with Edge Acquisitions. more
Related Tags: ptc, bankruptcy
CDMA network files for bankruptcy protection
The US CDMA network operator, Leap Wireless has filed for Chapter 11 bankruptcy protection while it tries to restructure its debts. While the company is reorganizing, daily operations at the Company will continue; cricket stores will remain open; network service will not be interrupted; employees will be paid; and suppliers will be paid in the ordinary course of business for goods and services provided after the filing date. The Company does not expect any organizational changes or reduction in force as a result of this filing. more
Related Tags: ptc, bankruptcy
Leap looks to restructure its finances
The USA's Leap Wireless, which operates a CDMA network under the cricket brand name, says that it has retained UBS Warburg to explore new sources of financing and restructuring for the outstanding indebtedness of Leap and its subsidiaries. UBS Warburg and the Company will begin discussions with major creditor groups in the near future to address the financial challenges facing the Company and its subsidiaries. more
Related Tags: