San Diego Business Journal

Cricket Communications’ Muve Music Service Reaches 1.4M Subscribers

Tuesday, March 12, 2013

Cricket Communications, a subsidiary of San Diego-based Leap Wireless International Inc., announced recently that its Muve Music service has reached 1.4 million subscribers, up from about 1.1 million at the end of 2012.

Leap also announced that Cricket recently amended its existing senior secured credit agreement. The deal provides for a new delayed-draw incremental term loan facility of up to $1.425 billion.

Shares of Leap trade on the Nasdaq as LEAP.

— SDBJ Staff Report