LightSquared is poised to emerge from bankruptcy with $1.25 billion in operating funds, according to news reports. And the company apparently is still hoping to pursue its plan to deploy wireless broadband service. LightSquared’s latest move is to ask the…
March 10, 2014 — RESTON, Va.–(BUSINESS WIRE)–LightSquared today announced a multi-year agreement with ViaSat, Inc. (NASDAQ: VSAT). Together, the companies will introduce ViaSat L-band Managed Service, an exciting new mobile satellite service that will combine the power of LightSquared’s state-of-the-art…
The assets of failed satellite/ wireless service provider LightSquared will be auctioned off November 25, reports PC World. The date was ordered by a New York bankruptcy court, the report says. LightSquared had an ambitious plan to deploy a nationwide…
The FCC on Friday faced a House subcommittee on oversight and investigations about why the commission allowed LightSquared to build at least part of a mobile broadband network in a spectrum band originally intended for satellite use. The commission eventually…
No matter how many people declare the end of LightSquared, the company continues to live on – at least for a while. This week a group of Democratic and Republican legislators reportedly sent a letter to FCC Chairman Julius Genachowski…
LightSquared’s filing for bankruptcy protection yesterday has generated much industry speculation about what will happen with the company’s spectrum holdings. Although that spectrum is officially designated only for satellite use, LightSquared attempted to repurpose it to support a nationwide wholesale…
Inevitably, despite the small possibility of some positive resolution, we now will see a period of reflection where observers try to explain “why LightSquared failed.” That doesn’t mean LightSquared has given up. But as some of us have been saying…
Prospects are looking bleaker than ever for LightSquared, the company hoping to deploy a nationwide 4G wireless wholesale network using spectrum earmarked for satellite service, after two key developments yesterday. The National Telecommunications and Information Administration yesterday said it has…
The Federal Communications Commission will “indefinitely suspend” the company’s license to use its satellite spetrum to build a new Long Term Evolution fourth generation mobile network because it would interfere with GPS systems operating on neighboring radio bands. That essentially…
If you pay attention to any part of the global telecom business, you know that government and regulatory policies literally create, and can limit or destroy, any particular business plan, in any particular segment of the business. Spectrum allocations provide…
The Federal Communications Commission has opened an inquiry seeking public comment on a petition filed by LightSquared that essentially argues GPS receivers aren’t entitled to protection from interference. LightSquared says GPS receivers, such as cellphones, car navigation units and aviation…
What’s happening with broadband and why is it important? Find out by subscribing to Telecompetitor’s newsletter today.