Leap layoffs: U.S. Leap permanently closes 27 retail stores and lays off 180 people
U.S. mobile operator Leap Wireless said recently that it has been permanently shut down 27 stores and cut 180 jobs. Leap said the restructuring is the focus of its business this year, closing stores and layoffs has been described as the retail business as part of the normal adjustment process.
Leap year, in February began to check the retail stores, early in March made a decision to permanently shut down. After adjustment, at present the company still has 4,200 employees and 42 fully belongs to its own retail stores.
Recently, Leap and regional wireless carrier Pocket Communications was founded a joint venture, due to Pocket outstanding performance in South Texas, which also increased the Leap’s position in South Texas.
In the 2009 fourth quarter, Leap a loss of 64 million U.S. dollars. Board of Directors established the Special Committee to consider a variety of strategic decision-making, including the sale of the company or merge with other carriers. In the fourth quarter earnings, also disclosed plans to launch RIM’s BlackBerry devices and the adoption of Google’s Android platform for smartphones.
According to C114 understand, Leap has announced on its own is seeking buyers, with the United States the two largest operators, AT & T and Verizon Wireless has been approached, while MetroPCS to become the most favored buyers. MetroPCS because it has a similar business model, strategy, customer groups and mobile technology, mainly for low-end market (http://www.c114.net/news/116/a482960.html).
Leap in 1998, separated from the high-pass, first in the rural market expansion. So far in the United States with operations in 34 states, annual revenues of about 2.3 billion.
In the U.S. mobile operators in order to count the number of users Leap ranking seventh. United States top 10 mobile operators, respectively: Verizon Wireless, AT & T, Sprint Nextel, T-mobile USA, MetroPCS, US Cellular, Leap Wireless, IPCS, Cincinati Bell and Ntelos. Mobile market, mainly by the former four leading operators, ranking after the operation was less than 10 million commercial lessees.
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