Unrestricted Subsidiaries

In July 2011, the Company's board of directors designated Cricket Music and Cricket Music's wholly owned subsidiary Cricket Music Operations, LLC (“Music Operations”) as “Unrestricted Subsidiaries” under the indentures governing Cricket's senior notes. Music Operations holds certain hardware, software and intellectual property relating to Cricket's Muve Music business. The financial position and results of operations of Cricket Music and Music Operations are included in the Company's condensed consolidated financial statements included in this report. Together with STX Wireless and Savary Island, Cricket Music and Music Operations are presented as “Non-Guarantors” within the Company's condensed consolidating financial statements included in Note 15.

As required by the indentures governing Cricket's senior notes, the Company is presenting the aggregate carrying amount and classification of the components of the financial position and results of operations of Cricket Music and Music Operations as of and for the nine months ended September 30, 2011 in the following tables separately (in thousands):



	September 30, 2011
Assets
Property and equipment, net	$	10,409
Total Assets	$	10,409
Liabilities and Stockholders' Equity
Accounts payable and accrued liabilities	$	1
Stockholders' Equity	10,408
Total Liabilities and Stockholders' Equity	$	10,409



	Three and Nine Months Ended
	September 30, 2011
Revenues	$	—
Operating expenses
Depreciation and amortization	$	1,100
Other	1
Total operating expenses	1,101
Operating loss	(1,101		)
Net loss	$	(1,101	)