SAN DIEGO-Leap Wireless International Inc. announced its international and domestic subscribers have jumped to more than 210,000 since Aug. 31, a 250-percent increase for the company.
The subscriber figure includes Leap’s wholly owned company, Smartcom PCS, as well as its 28.6-percent ownership in Pegaso and 7.2-percent stake in Chase Telecommunications Holdings Inc.
“We saw subscriber growth of nearly 74 percent during the first fiscal quarter even though our Chilean operation did not re-launch as Smartcom PCS until late in November and Pegaso’s launch of Mexico City did not occur until December,” said Harvey P. White, chairman and chief executive office of Leap. “We are especially pleased with the performance of our operations in December. The last month of 1999 proved to be ChaseTel’s greatest thus far in terms of subscriber growth. Pegaso and Smartcom PCS saw large increases as well.”
