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Technology Stocks : Leap Wireless International (LWIN)

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To: Peter V who wrote (768)1/7/2000 9:33:00 AM
From: tensforme  Read Replies (2) of 2737
 
I think I am paying about $60/month for 500 minutes. and i probably don't use that many minutes. but I do call san diego which wouldn't be considered local.

Living in orange county (southern california), could Leap's service cover the entire county? how many square miles could be covered? If it could cover orange county, Cricket would be absolute HUGE, and I mean HUGE here. With over 1 million, we have lots of soccer moms, college students and high schoolers. this is yuppyville.

I guess the $30 cost hits me as expensive from the tethered perspective. We pay $10 a month for just local wireline service via PacBell. So for someone just making calls at home this $30 rate wouldn't make sense. Wouldn't it only make sense for someone who yaps a lot? I asked my wife if she'd use Cricket, and she said, "But my plan only allows 20 minutes a month." (el cheapo). But I said, "Honey this would be for unlimited minutes." "Oh, will probably, I'd love to talk more." And she named 2 other friends who she knew would definitely use it.

Questions: has service in Australia begun? Is the pricing in Mexico and Chile different than U.S. pricing? (ie not a flat rate) Also, what about affordability of the phones? Do I have to purchase an expensive Qualcomm phone?
(I heard they were practically giving them away in mexico city over Christmas - $53 U.S.) Would it be feasible to give phones out free as loss leaders? What cities in Chile has service been started?

I have many more questions but I'll let you answer these first. Please bear with me, but I want to understand as much as possible before I invest more money.

Incidentally, the sub numbers coming out of Mexico look great!!
Charlie

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