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Technology Stocks : Leap Wireless International (LWIN) -- Ignore unavailable to you. Want to Upgrade?


To: Dave who wrote (1235)2/3/2002 1:57:10 PM
From: pcstel  Read Replies (1) | Respond to of 2737
 
Dave: How much interest does LWIN pay for just spectrum each year?

I believe that LWIN has about 200 million in FCC debt with an average interest rate of 7.5% or 15 million a year. Vs. 8% of Airgates Carolina annualized Revenues of 228 million.

Airgate has 6.5 million licensed POP's. LWIN 52 million.

I believe you are the high bidder at $1!

PCSTEL