Leap Failed To Look Before It Leapt Into Auction
Oct 6, 2006, 6:09 PM by (staff)
Leap Wireless, parent of Cricket, yesterday announced it intends to start building a next generation network using the AWS spectrum it just won beginning next year. The buildout will occur in phases and should be relatively complete by the end of 2009. Leap did not announce what sort of technology it would use for the new band. The carrier already announced it would upgrade its current service to EV-DO, however that should not require any additional spectrum. According to an FCC filing only 24 million of the 121 million people covered by Leap's new licenses will be covered by network upgrades using the new spectrum. The company said "a significant portion of the pops [population] included within such new licenses may not be well-suited for Cricket service," and Leap is looking at alternative services for the spectrum or they will sell off or lease licenses they cannot use.
You can make quite a bit of money leasing the spectrum to someone else. Infact, quite a few companies do just that.
Point of title?