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SOURCE Leap Wireless International, Inc.
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.
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.
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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