CORRECTED - CORRECTED-UPDATE 1-Leap Wireless raises size of share offering

(Corrects paragraph 5 to say that the company's shares closed on Wednesday, not Thursday)

* Raises size of offering by 900,000 shares

* To use proceeds for network expansion, acquisitions

* Shares down 6 percent in pre-market trade

May 28 (Reuters) - Mobile phone service provider Leap Wireless International Inc (LEAP.O) increased the size of its public offering to 7 million common shares.

Leap's shares were down 6 percent in pre-market trade on Thursday.

The company said it planned to use the net proceeds for general corporate purposes, including the expansion of its network footprint and acquisitions of additional spectrum or businesses.

On Wednesday, the company had said it planned to sell 6.1 million shares of its common stock. [ID:nN27282208]

Shares of the company fell $2.55 to $38.50 in trading before the bell. They closed at $41.05 Wednesday on Nasdaq. (Reporting by Deepti Govind in Bangalore; Editing by Anil D'Silva)