This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Leap's Muve Music Expands To South America's Largest Market

Stocks in this article: LEAP

SAN DIEGO, April 15, 2013 /PRNewswire/ -- Leap Wireless International, Inc. (NASDAQ: LEAP) today announced that its innovative music service, Muve Music, is now being offered to customers of TIM Brazil, one of Brazil's largest mobile carriers.  The announcement marks Muve Music's first international customer and serves as another milestone in the development of Muve Music which debuted in the United States on Leap's Cricket wireless service in early 2011. 

(Logo: http://photos.prnewswire.com/prnh/20101220/MM20546LOGO-a)

"TIM is the fastest growing mobile carrier in Brazil, with more than 70 million customers. This partnership marks the first realization of a strategic company goal of licensing international carriers to use our proprietary Muve technology," said Doug Hutcheson, Leap's chief executive officer.  "Like Leap, TIM is an innovator in bringing unique services to its wireless customers. TIM Music powered by Muve will deliver a next-generation digital music experience with a daily pricing structure that makes music affordable for the Brazilian consumer."

Muve Music is the next generation cloud based digital media platform that delivers a premium content experience to the masses through the carrier. Muve's end-to-end solution helps wireless carriers design, build and operate content services that meet strategic objectives while creating significant value for music consumers and artists.

Muve Music was launched on the Cricket service in the U.S. in January 2011 and now has more than 1.5 million subscribers. Through Muve Music, Cricket is delivering a differentiated and innovative wireless product where music is as universal as the voicemail and text features customers have come to expect when they buy their wireless plans. In addition, Muve Music delivers its high engagement service at lower cost and lower bandwidth than alternative streaming music services.  To deliver a leading customer experience, Cricket combined affordable Android wireless plans with a leading digital music service that customers use heavily and highly value.

About LeapLeap provides innovative, high-value wireless services to a young and ethnically diverse customer base. With the value of unlimited wireless services as the foundation of its business, Leap pioneered its Cricket service. Cricket products and services are available nationwide through company-owned stores, dealers, national retailers and at MyCricket.com .  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 .

SOURCE Leap Wireless International, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs