Leap Wireless (LEAP) Reports Q3 Customer Growth
Tweet
Share
E-mailGet Alerts LEAP Hot Sheet
Join SI Premium – FREE
Leap Wireless International, Inc. (NASDAQ: LEAP) announced that it gained approximately 161,000 net new customer additions during the third quarter of 2006, bringing total net additions for the first three quarters of 2006 to approximately 329,000.
The Company's net additions for the third quarter of 2006 are an improvement of 138,000 net additions over the customer numbers reported for the third quarter of 2005.
The Company reported a 73 percent improvement in gross additions with 405,000 gross additions for the third quarter compared to 234,000 for the same period last year. Customer churn for the third quarter of 2006 was 4.3 percent, which is an improvement of 0.1 percent compared to the 4.4 percent churn reported for the third quarter of 2005. The Company now has approximately 1.97 million total customers.
The Company's net additions for the third quarter of 2006 are an improvement of 138,000 net additions over the customer numbers reported for the third quarter of 2005.
The Company reported a 73 percent improvement in gross additions with 405,000 gross additions for the third quarter compared to 234,000 for the same period last year. Customer churn for the third quarter of 2006 was 4.3 percent, which is an improvement of 0.1 percent compared to the 4.4 percent churn reported for the third quarter of 2005. The Company now has approximately 1.97 million total customers.
You May Also Be Interested In
- Salesforce president Srini Tallapragada steps down, becomes advisor
- Amdocs wins deal to upgrade Cielo's Brazil payment terminal network
- EverCommerce names Alex Goor as new CEO, founder steps down
Create E-mail Alert Related Categories
Corporate News, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
