Leap Wireless Jumps on Rosy Outlook

The wireless services operator swings to a loss for the fourth quarter amid higher expenses, but raises its customer growth forecast

Leap Wireless International (LEAP) has been pushing to grow its cell phone services into new cities. Even though the San Diego company lost money in the effort last quarter, its efforts have won it more sales. And investors liked the fact that Leap raised its outlook for customer growth.

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