Leap's (LEAP) Cricket and Clearwire (CLWR) Enter 4G Wholesale Agreement

Cricket Communications, Inc., of Leap Wireless (Nasdaq: LEAP) and Clearwire Corp (Nasdaq: CLWR) today announced that they have entered into a five-year wholesale agreement. With the agreement, Cricket will become the second operator to have signed on to leverage Clearwire's forthcoming LTE Advanced-ready network, which will provide capacity off-load services to supplement Cricket's own LTE network. Cricket currently plans to deploy LTE across approximately two-thirds of its current network footprint over the next two to three years and to cover up to approximately 25 million POPs with LTE network technology in 2012.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Boeing names Ryan Shedd as new SVP and controller
• Solowin Holdings marks 10 years, expands into stablecoins and AI
• Curvature Securities terminates ATM sales pact with Planet Green