LightSquared isn’t just fighting the government and the GPS industry for the right to build its nationwide LTE network; it’s also fighting the clock. In a financial statement released to Reuters, LightSquared revealed it may run out of cash early next year. Read more »
LightSquared is giving up more of its network ambitions in hopes of winning FCC approval to launch LTE, but if it concedes too much it may find itself with no network left to build. That would be just fine with LightSquared’s critics in the GPS industry. Read more »
A plan to bring a nationwide wholesale LTE network to the U.S. is in trouble. LightSquared has a troubled private equity backer and may be losing ground in Washington as it seeks a way around regulations that are making its planned network a long shot. Read more »
AT&T today introduced the TerreStar Genus, a relatively thin $799 cellular smartphone that can use a satellite network for backup voice and data communications. The Genus gives a glimpse at future satellite phones: too expensive for consumers and a step behind the latest and greatest devices. Read more »
LightSquared, a company with plans to build a nationwide Long Term Evolution wireless network has found its first customer in Airspan Networks, a provider of connectivity to utilities for their smart grid efforts. Airspan said it will resell some of LightSquared’s 1.4 GHz spectrum. Read more »
It’s no secret that I’m skeptical of Harbinger Capital Partners and LightSquared’s chances when it comes to building a brand-new 4G wireless network, but after speaking last week with Nokia Siemens Network, which has a $7 billion contract to build out the network, my doubts remain. Read more »
At least someone things FCC is doing a bang-up job, indicated by financial investments in emerging competitors to traditional broadband and mobile industry incumbents. “I understand that there has been a fair amount of debate about the regulatory framework that the FCC has chosen for broadband […] Read more »
