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Leap Wireless launched an unlimited calling service in San Antoni...

Leap Wireless launched an unlimited calling service in San Antonio Mon. The launch is part of its plan to build out over the spectrum it acquired in FCC auction 58 last year, it said, and with San Antonio’s 1.9…

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million citizens will increase the company’s POPs by 5%. Leap said its 2006 plans include launches in 12 other markets covering 14-20 million people. Leap’s early market returns for this buildout cycle have been “stellar,” with 2-3% market penetration in Colorado Springs, El Paso and Las Cruces, N.M., said Bank of America after the announcement. The Bank said it’s bullish on the carrier, which is showing guidance above market expectations and will add 25,000-40,000 new subscribers for Q1, while San Antonio’s demographics are right in the carrier’s “sweet spot.”