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Technology Stocks : Leap Wireless International (LWIN)

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To: Dennis Roth who wrote (2162)6/10/2002 12:46:25 PM
From: pcstel  Read Replies (1) of 2737
 
however, because the carrier had high per-minute costs, it didn't extensively market its long-distance offering. With the new system, Cricket customers in all 40 markets can make domestic long-distance calls for 8 cents per....

The price of Long Distance is marginal. Sprint reduced the long distance rate charged to Airgate last quarter from .06 cents per minute to .02 cents per minute. And I am sure they are still making a nice profit.

PCSTEL
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