Items tagged with LightSquared
LightSquared has had an interesting (and relatively rough) go as a company. The telecommunications firm launched with a lot of promise, just as North America was starting to embrace mobile broadband and LTE. But it soon realized that building out a network was a costly project, and fell into bankruptcy as bids from Sprint to take it over passed...
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The end looks nigh for LightSquared. The company that intended to hook up with Sprint for 15 years (or more) in order to redefine the 4G landscape in the United States is on the brink of disaster, and according to a Wall Street Journal report, the cards could fold as early as tomorrow. Reportedly, Philip Falcone's...
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Due to unresolved interference issues, Sprint has terminated its 15-year 4G network agreement with LightSquared. We heard rumors this might be coming, and now, Sprint has made it official. The announcement comes after LightSquared was unable to find a resolution to interference issues found by the Federal Communications Commission which cited...
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Not really surprising, but things aren't looking so good for LightSquared. The company has been fighting for what feels like ages to get their wholesale LTE network approved despite staunch opposition from naysayers who contend that the network will interfere with GPS usage, and they've seemingly been losing more and...
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It's the story that just won't end. Just when you thought LightSquared may have given up the game, nope -- here's another punch to the mid-section. LightSquared has just issues a scathing new release that points fingers at testing equipment and again assures the public that their network wouldn't screw with any GPS...
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VoIP. It's the wave of the telecommunications future, man. All kidding aside, there probably is some truth to that, as both LightSquared and Skype's co-founder are teaming up to offer free broadband services. The former is described as a "wholesale carrier building a nationwide wireless broadband network that will...
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Sprint and LightSquared recently announced a 15-year deal that will give Sprint $9 billion in cash in exchange for spectrum hosting and LTE network services as well as LTE and satellite purchase credits it will provide LightSquared. The deal is expected to speed up the completion of LightSquared’s 4G LTE network. Under terms of the agreement,...
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LightSquared isn't a company that's a household name right now, but it should be. And it will be soon most likely. A new report suggests that the upstart communications company is poised to build out a nationwide 4G network, which would obviously compete with the networks out there already: WiMAX and LTE. Currently, the company owns a big...
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