SAN DIEGO--(BUSINESS WIRE)--

Cricket Communications, Inc., a leading provider of unlimited wireless services and a wholly-owned subsidiary of Leap Wireless International, Inc. (NASDAQ:LEAP), today announced the introductory launch of Cricket PAYGo, a 24/7 unlimited prepaid wireless service. Cricket PAYGo is a daily pay-as-you-go service designed for customers who prefer the flexibility and control offered by traditional pre-paid services but are seeking greater value for their dollar.

"Cricket PAYGo is an innovative product for the pre-paid market that further extends and diversifies the Cricket brand," said Al Moschner, executive vice president and chief operating officer for Leap. "We've created another way for Cricket to appeal to new customers and, we believe, capture new opportunities to create value for our business. We expect those customers who prefer the control that prepaid service provides will find Cricket PAYGo to be a compelling offer that delivers on Cricket's core value proposition of unlimited voice and data products at market-leading prices."

Cricket PAYGo customers choose one of three rate plans ($1, $2 or $3 per day). At each level, customers will receive unlimited service 24/7 for the features offered at that level. For all three levels of service, customers are charged only for the days they use and customers can easily transition between plans at any time throughout the week or month.

Cricket PAYGo                                     $1/day $2/day $3/day
                                                   Plan   Plan   Plan
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Unlimited Local Calling                             x      x      x
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Unlimited Text and Picture Messaging                       x      x
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Unlimited U.S. Long Distance, International Text                  x
 to 100+ Countries, Mobile Web and Directory
 Assistance
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Voicemail, Caller ID and Three-Way Calling          x      x      x
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Other features, available on an a la carte basis, include: US long distance at 10 cents per minute, Mobile Web at $1 per day, directory assistance at $1 per use, nationwide roaming at 39 cents per minute and international text at 10 cents per message to Mexico and 15 cents per message to most other countries.

Cricket PAYGo handsets are available for sale in approximately 1,600 locations, including major national retailers in Cricket markets across the nation. In the coming days, Cricket PAYGo phones will also be available for sale in Cricket stores, Cricket agents/dealers in Cincinnati/Dayton, Savannah/Hilton Head and Houston. Cricket PAYGo is launching with three handsets: Cricket EZ, UTStarcom CDM7126 and Samsung MyShot.

Customers can purchase airtime for their Cricket PAYGo service at approximately 10,000 locations, including major national retailers, convenience stores, all Cricket stores and existing agent partners.

Concluded Moschner, "As we have done with the introduction of our broadband product, we expect to follow a disciplined and strategic approach with further expansion of Cricket PAYGo. We will use what we learn along the way to determine the timing of the roll-out to additional Cricket markets and the inclusion of other national retailers. Looking ahead, we expect Cricket PAYGo to be a value-leader in the pre-paid segment and align with our successful voice and broadband products to continue to deliver value to our shareholders."

About Leap

Leap provides innovative, high-value wireless services to a fast-growing, young and ethnically diverse customer base. With the value of unlimited wireless services as the foundation of its business, Leap pioneered its Cricket service. The Company and its joint ventures now operate in 29 states and hold licenses in 35 of the top 50 U.S. markets. Through its affordable, flat-rate service plans, Cricket offers customers a choice of unlimited voice, text, data and mobile Web services. Headquartered in San Diego, Calif., Leap is traded on the NASDAQ Global Select Market under the ticker symbol "LEAP." For more information, please visit www.leapwireless.com.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements, including discussions regarding the status and progress of our business, reflect management's current expectations based on currently available operating, financial and competitive information, but are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated in or implied by the forward-looking statements. Risks, uncertainties and assumptions that could affect our forward-looking statements are detailed in the section entitled "Risk Factors" included in our periodic reports filed with the SEC, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2008 and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2008.

All forward-looking statements included in this news release should be considered in the context of these risks. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Investors and prospective investors are cautioned not to place undue reliance on our forward-looking statements.

Leap is a U.S. registered trademark and the Leap logo is a trademark of Leap. Cricket, Jump, the Cricket "K" and Flex Bucket are U.S. registered trademarks of Cricket. In addition, the following are trademarks or service marks of Cricket: Cricket By Week, Cricket Choice, Cricket Connect, Cricket Nation and Cricket PAYGo. All other trademarks are the property of their respective owners.

Source: Leap Wireless International, Inc.