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

To: arun gera who wrote (1874)	4/5/2002 5:20:16 PM
From: pcstel	Respond to of 2737

Current FCC debt is around 95 million! Final repayment of of the CTL note was made in Q4. There is about 18 million outstanding for the Syracuse/Buffalo transaction with MCG. Current VF amounts include 1,112.0 million, and 158.3 million in long-term liabilities that are expected to be financed under the vendor credit agreements. Then you add in the Senior Notes! On a bright note. "At December 31, 2001, Cricket Communications had $1,112.0 million outstanding under the vendor credit agreements, and $158.3 million in other long-term liabilities that are expected to be financed under the vendor credit agreements. Borrowings under the vendor credit agreements at December 31, 2001 had a weighted-average interest rate of 7.3% per annum ." On the base $1,112.0 million. Thats about 81 million a year in Interest Expense. Which is much lower than the 10% figure (111 million) that was being thrown around! Don't forget we still have 158.3 million in long-term liabilities to be Vendor Financed and 49.8 million in loan origination fees that are slated to be paid from Vendor Financing in 2002. PCSTEL