Unrestricted Subsidiaries

In July 2011, the Company's board of directors designated Cricket Music Holdco, LLC, a wholly-owned subsidiary of Cricket ("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 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 year ended December 31, 2011 in the following tables separately (in thousands):



	December 31, 2011
Assets
Cash and cash equivalents	$	1
Property and equipment, net	9,435
Total Assets	$	9,436
Liabilities and Stockholders' Equity
Stockholders' Equity	$	9,436
Total Liabilities and Stockholders' Equity	$	9,436



	Year Ended
	December 31, 2011
Revenues	$	—
Operating expenses
Depreciation and amortization	2,225
Other	1
Total operating expenses	2,226
Operating loss	(2,226		)
Net loss	$	(2,226	)