Cricket Wireless 2012 Annual Report Download - page 15

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 2012 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,” “project,” “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;
• our ability to successfully implement product and service plan offerings and execute effectively on our
strategic activities;
• the impact of competitors’ initiatives and our ability to anticipate and respond to such initiatives;
• changes in economic conditions, including interest rates, consumer credit conditions, consumer debt
levels, consumer confidence, unemployment rates, energy and transportation costs and other macro-
economic factors that could adversely affect demand for the services we provide;
• our ability to meet significant purchase commitments under agreements we have entered into;
• our ability to refinance our indebtedness under, and comply with the covenants in, any credit agreement,
indenture or similar instrument governing our existing indebtedness or any future indebtedness;
• 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, in particular demand for data
services;
• our ability to offer customers cost-effective LTE services;
• our ability to obtain and maintain 3G and 4G roaming and wholesale services from other carriers at cost-
effective rates;
• our ability to acquire or obtain access to additional spectrum in the future at a reasonable cost or on a
timely basis;
• failure of our network or information technology systems to perform according to expectations and risks
associated with the ongoing operation and maintenance of those systems, including our customer billing
system;
• our ability to attract, integrate, motivate and retain an experienced workforce, including members of
senior management;
• our ability to maintain effective internal control over financial reporting; 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. These
forward-looking statements speak only as of the filing date of this report, and 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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