Ratios

		vs industry	vs history
P/B	1.07	LEAP's P/B is ranked higher than 78% of the 252 Companies in the Global Telecom Services industry. ( Industry Median: 1.84 vs. LEAP: 1.07 )	LEAP' s 10-Year P/B Range Min: 0.46   Max: 3.65 Current: 1.07 0.46 3.65
P/S	0.15	LEAP's P/S is ranked higher than 98% of the 252 Companies in the Global Telecom Services industry. ( Industry Median: 1.10 vs. LEAP: 0.15 )	LEAP' s 10-Year P/S Range Min: 0.12   Max: 5.69 Current: 0.15 0.12 5.69
EV-to-EBIT	21.58	LEAP's EV-to-EBIT is ranked lower than 63% of the 252 Companies in the Global Telecom Services industry. ( Industry Median: 13.57 vs. LEAP: 21.58 )	LEAP' s 10-Year EV-to-EBIT Range Min: 19.4   Max: 254.3 Current: 21.58 19.4 254.3
Shiller P/E	11.4	LEAP's Shiller P/E is ranked higher than 90% of the 252 Companies in the Global Telecom Services industry. ( Industry Median: 7.74 vs. LEAP: 11.4 )	LEAP' s 10-Year Shiller P/E Range Min: 2.05   Max: 280.86 Current: 11.4 2.05 280.86

Valuation & Return

		vs industry	vs history
Price/Net Current Asset Value	6.1	LEAP's Price/Net Current Asset Value is ranked higher than 65% of the 252 Companies in the Global Telecom Services industry. ( Industry Median: 12.00 vs. LEAP: 6.1 )	LEAP' s 10-Year Price/Net Current Asset Value Range Min: 6.8   Max: 270.6 Current: 6.1 6.8 270.6
Price/Median PS Value	0.2	LEAP's Price/Median PS Value is ranked lower than 65% of the 252 Companies in the Global Telecom Services industry. ( Industry Median: 0.90 vs. LEAP: 0.2 )	LEAP' s 10-Year Price/Median PS Value Range Min: 0.2   Max: 4.3 Current: 0.2 0.2 4.3
Earnings Yield (Greenblatt)	4.60	LEAP's Earnings Yield (Greenblatt) is ranked higher than 63% of the 252 Companies in the Global Telecom Services industry. ( Industry Median: 7.80 vs. LEAP: 4.60 )	LEAP' s 10-Year Earnings Yield (Greenblatt) Range Min: 0.4   Max: 5.2 Current: 4.6 0.4 5.2
Forward Rate of Return (Yacktman)	-56.87	LEAP's Forward Rate of Return (Yacktman) is ranked lower than 51% of the 252 Companies in the Global Telecom Services industry. ( Industry Median: 11.33 vs. LEAP: -56.87 )	LEAP' s 10-Year Forward Rate of Return (Yacktman) Range Min: -76.2   Max: 15 Current: -56.87 -76.2 15

Business Description

Leap Wireless International, Inc. was formed as a Delaware corporation in 1998. It is a wireless communications carrier that offers digital wireless services in the U.S. under the 'Cricket' brand. The Company's Cricket service offerings provide customers with unlimited wireless services for a flat rate without requiring a fixed-term contract or a credit check. The Company operates in a single operating segment and a single reporting unit as a wireless communications carrier that offers digital wireless services in the United States. Cricket service is offered by Cricket, a wholly-owned subsidiary of Leap. Cricket service is also offered in South Texas by its joint venture STX Wireless Operations, LLC, or STX Operations, which Cricket controls through a 75.75% controlling membership interest in its parent company STX Wireless, LLC, or STX Wireless. In addition, Cricket owns an 85% non-controlling membership interest in Savary Island Wireless LLC, or Savary Island, which holds wireless spectrum in the upper Midwest portion of the U.S. and which leases a portion of that spectrum to the Company. As of December 31, 2011, Cricket service was offered in 47 states and the District of Columbia across an extended area covering approximately 289 million POPs. On December 31, 2011, the Company had approximately 5.90 million customers, and the Company and Savary Island owned wireless licenses covering an aggregate of approximately 181.5 million POPs (adjusted to eliminate duplication from overlapping licenses). The combined network footprint in its operating markets covered approximately 95.3 million POPs as of December 31, 2011. The Company sells its Cricket handsets and service through direct and indirect channels of distribution. In general, it competes with national facilities-based wireless providers and their prepaid affiliates or brands, local and regional carriers, non-facilities-based mobile virtual network operators, or MVNOs, voice-over-internet-protocol service providers and traditional landline service providers, including cable companies. Leap is a U.S. registered trademark and the Leap logo is a trademark of Leap. The Company's operations are subject to various other laws and regulations, including those regulations promulgated by the Federal Trade Commission, the Federal Aviation Administration, the Environmental Protection Agency, the Occupational Safety and Health Administration, other federal agencies and state and local regulatory agencies and legislative bodies.
Company Website
SEC Reports

Industry:	Telecom Services
Compare:	CHU, VOD, T, VZ, AMOV
Traded in other countries:	LWI.Germany

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