Disqus
Leap Wireless, which we know for its Cricket Wireless service, announced that it intends to offer and sell 7 million shares of its common stock in an underwritten public offering. The company wants to use the money raised for the expansion and improvement of its network footprint, acquisitions of additional spectrum or complementary businesses, and the deployment of next-generation network technology.
The offering is being made pursuant to an effective shelf registration statement filed with the SEC. And from the press release, we see that Leap selected Goldman Sachs as a lead underwriter…
[Via: PhoneScoop]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
