SAN DIEGO, Feb. 27, 2014 /PRNewswire/ -- Leap Wireless
International, Inc. (NASDAQ: LEAP) announced today that it plans to
release its fourth quarter and full year 2013 financial and
operational results through the filing of its annual report on Form
10-K for the year ended December 31,
2013 and does not plan to issue a separate earnings release
or conduct an earnings conference call. The deadline for Leap
to file its Form 10-K is March 17,
2014.
Leap plans to file its Form 10-K prior to the expected closing
of its pending merger transaction with AT&T Inc., which Leap
believes will be approved by federal regulators on or before the
expiration of the FCC's informal 180-day shot clock on March 14, 2014.
Information regarding the merger transaction, including the
contingent value rights to be issued to Leap stockholders in
connection therewith, is set forth in Leap's filings with the U.S.
Securities and Exchange Commission ("SEC"), including the proxy
statement relating to the merger filed with the SEC on September 17, 2013.
About Leap
Leap provides innovative, high-value
wireless services to a fast-growing, young and ethnically diverse
customer base. With the value of unlimited wireless services as the
foundation of its business, Leap pioneered its Cricket service.
Cricket products and services are available nationwide through
company-owned stores, dealers, national retailers and at
MyCricket.com. Through its affordable, flat-rate service
plans, Cricket offers customers a choice of unlimited voice, text,
data and mobile Web services. Headquartered in San Diego, Calif., Leap is traded on the
NASDAQ Global Select Market under the ticker symbol "LEAP." For
more information, please visit www.leapwireless.com.
Forward-Looking Statements
This press release contains
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements reflect
management's current expectations based on currently available
information, but are subject to risks, uncertainties and
assumptions that could cause actual results to differ materially
from those anticipated in or implied by the forward-looking
statements. The forward-looking statements include discussions
regarding the expected timing of Leap's filing of its annual report
on Form 10-K for the year ended December 31,
2013 and the closing of its pending merger transaction with
AT&T. Risks, uncertainties and assumptions that could affect
these forward-looking statements are detailed in Leap's periodic
reports with the SEC, including its quarterly report on Form 10-Q
for the quarter ended September 30,
2013 filed with the SEC on November
12, 2013. All forward-looking statements should be
considered in the context of these risks. Leap undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Investors and prospective investors are cautioned not
to place undue reliance on Leap's forward-looking statements.
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SOURCE Leap Wireless International, Inc.