Dish dumps its bid for LightSquared

Dish Network’s courtroom dance with LightSquared appears to have concluded. Reuters reports that the committee overseeing LightSquared’s bankruptcy auction confirmed Dish has withdrawn its $2.2 billion bid for the company, leaving its controversial L-band spectrum on the table. Dish has other options when it comes to building a mobile broadband network, and now LightSquared’s owners — who opposed Dish’s involvement — appear to be free to pursue their plan to lobby the FCC for relief, assuming the court plays ball.

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