Leap Schedules First Quarter Earnings Release and Conference Call for May 6, 2010

Leap Wireless International, Inc. (NASDAQ: LEAP), a leading provider of innovative and value-driven wireless communications services, announced today that it plans to release financial and subscriber results for the first quarter ended March 31, 2010, after market close on Thursday, May 6, 2010. Following the release, Leap management will host a conference call with live webcast to discuss these results. Other forward-looking and material information may also be discussed during this call.

Conference call details:

• Date: Thursday, May 6, 2010
• Time: 5:00 p.m. EDT/2:00 p.m. PDT
• Domestic dial in number: 1-800-920-2191
• International dial in number: 1-212-231-2900
• There is no participant passcode required for this event.

If listening via telephone, the accompanying presentation slides may be accessed by visiting, http://investor.leapwireless.com. Listeners should navigate to the live webcast and choose the 'No Audio – Slides Only' option to view the slides in conjunction with the live conference call. Individuals dialing into the live call are encouraged to call in 10 minutes prior to the start time in order to register and be placed into the call.

More information about this event, including a live webcast, may be accessed by visiting http://investor.leapwireless.com.

An online replay and downloadable MP3 of the event will be available on the Company’s website shortly after the live call and will be accessible for a limited period of time. A telephonic replay will be available approximately two hours after the call’s completion and can be accessed by dialing 1-800-633-8284 (domestic) or 1-402-977-9140 (international) and entering reservation number 21466053.

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 operate in 35 states and the District of Columbia 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, high-speed 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.