Cricket Wireless 2010 Annual Report Download - page 7

PART I
As used in this report, unless the context suggests otherwise, the terms “we,” “our,” “ours,” “us” and the
“Company” refer to Leap Wireless International, Inc., or Leap, and its subsidiaries and consolidated joint ventures,
including Cricket Communications, Inc., or Cricket. Unless otherwise specified, information relating to population
and potential customers, or POPs, is based on 2010 population estimates provided by Claritas Inc., a market
research company.
Cautionary Statement Regarding Forward-Looking Statements
Except for the historical information contained herein, this report contains “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect management’s
current forecast of certain aspects of our future. You can generally identify forward-looking statements by forward-
looking words such as “believe,” “think,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,”
“seek,” “plan,” “expect,” “should,” “would” and similar expressions in this report. Such statements are based on
currently available operating, financial and competitive information and are subject to various risks, uncertainties
and assumptions that could cause actual results to differ materially from those anticipated in or implied by our
forward-looking statements. Such risks, uncertainties and assumptions include, among other things:
• our ability to attract and retain customers in an extremely competitive marketplace;
• the duration and severity of the current economic downturn in the United States and changes in economic
conditions, including interest rates, consumer credit conditions, consumer debt levels, consumer confidence,
unemployment rates, energy costs and other macro-economic factors that could adversely affect demand for
the services we provide;
• the impact of competitors’ initiatives;
• our ability to successfully implement product and service plan offerings, expand our retail distribution and
execute effectively on our other strategic activities;
• our ability to obtain and maintain roaming and wholesale services from other carriers at cost-effective rates;
• our ability to maintain effective internal control over financial reporting;
• our ability to attract, motivate and retain an experienced workforce, including members of senior
management;
• future customer usage of our wireless services, which could exceed our expectations, and our ability to
manage or increase network capacity to meet increasing customer demand;
• our ability to acquire additional spectrum in the future at a reasonable cost or on a timely basis;
• our ability to comply with the covenants in any credit agreement, indenture or similar instrument governing
any of our existing or future indebtedness;
• our ability to integrate, manage and operate our new joint venture in South Texas;
• failure of our network or information technology systems to perform according to expectations and risks
associated with the upgrade or transition of certain of those systems, including our customer billing
system; and
• other factors detailed in “Part I — Item 1A. Risk Factors” below.
All forward-looking statements in this report should be considered in the context of these risk factors. We
undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. In light of these risks and uncertainties, the forward-looking events and
circumstances discussed in this report may not occur and actual results could differ materially from those
anticipated or implied in the forward-looking statements. Accordingly, users of this report are cautioned not to
place undue reliance on the forward-looking statements.
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