Looks like Leap Wireless (who is the mother company to Cricket Wireless) is filing for Chapter 11 bankruptcy. Leap, Cricket, and MetroPCS are all companies that sell all-you-can-eat style cell phone services. The only drawback to the service is that it is a local-only phone, so you cannot roam with the phone and you cannot make long distance calls (though MetroPCS sells three hours of long distance for $3/mo). The services are basically made for people who want to replace their home landline with a cell phone. I wonder what implications this will have on MetroPCS and how this reflects on what will eventually happen to MetroPCS.