Sprint and T-Mobile were reportedly looking to circumvent corporate anti-collusion laws by forming a joint venture to bid in the upcoming incentive auction. The FCC, though, has gotten wise to their plans.
LightSquare may have seemed to be a beacon of hope for rural broadband, but after looking at the details of the plan, rural America will be better off without the service the company planned to offer.
LightSquared’s bankruptcy is the conclusion of a process that is rigged against broadband competition. Maybe it would have failed for economic reasons, but before it got the chance it fell victim to politics, spectrum warfare, and interests that don’t want more wireless competition.
LightSquared’s backer, Philip Falcone, explained on Thursday his rationale for a voluntary bankruptcy filing for the planned wholesale LTE network, but given the paucity of actual assets in LightSquared, and the fact that Falcone has invested billions so far into LightSquared, this is almost a no-brainer.
Sprint terminated its partnership with LightSquared, depriving the would-be operator of not only its biggest 4G customer but also the means to build an LTE network. Now LightSquared faces two huge obstacles: overcoming regulatory opposition to its plans and finding cash to fund its 4G rollout.
We’ll have to wait another year for the LTE network Clearwire has long been promising. At its quarterly earnings call on Wednesday, Clearwire CEO Erik Prusch said the WiMAX carrier’s first batch of 5,000 LTE cell sites will be switched by June of 2013.
After a year of LightSquared fighting GPS industry and government agencies over whether its network would interfere with GPS receivers, the Federal Communications Commission dropped the hammer Tuesday evening, saying it would revoke the would-be carrier’s terrestrial network waiver.
Sprint has given its partner LightSquared 30 days to get regulators to green-light the launch of its controversial 4G service, but it may not be enough. If Sprint pulls out of the network-sharing deal, LightSquared’s costs multiply, almost certainly killing its rollout plans.
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.
Between the collapse of AT&T’s proposed $39 billion merger with T-Mobile and the death throes of a proposed wholesale 4G network created by a satellite company and now-broke hedge fund, the wireless industry has generated a lot of stories but no real change in the past year. Here is a look at where we are now and where mobile broadband may be going next.
The U.S. government dealt a blow Wednesday to LightSquared’s hopes of building a national LTE network, concluding that the proposed network…
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.
LightSquared is fighting for the life of its LTE network, as a government report emerging later this week questions if there’s any way its 4G network can coexist with millions of GPS devices. If the report’s findings stand, the repercussions could be felt throughout the industry.
After laying out an aggressive LTE 4G deployment plan that didn’t include existing partner Clearwire, Sprint is now saying it is working with the 4G wholesaler toward a commercial agreement that will allow it to offload some of its LTE needs onto Clearwire’s future LTE network.
President Obama’s gotten hit with a one-two punch in recent weeks with two scandals that share some surprising similarities surrounding risky tech startups, politics, money and the question of how to create innovation around infrastructure, one for energy and the other for communications.
Amid the political fighting over LightSquared and whether or not it will interfere with GPS, there’s a far larger issue: Can the nascent carrier really build a business as a wholesale carrier? History offers some perspective that maybe it can’t.
The political drama around the Obama administration’s efforts to bring a competitive wireless broadband alternative to the nation are roiled in a technical and now a political debate. The drama centers around LightSquared, and whether or not the White House influenced testimony from a four-star general.
Do we really think that Dish wants to build an LTE-Advanced mobile broadband network? I know that it filed a waiver asking the FCC to grant it the ability to use its satellite spectrum to deliver such a network, but let’s get real for a moment.
Struggling mobile provider *Sprint* Nextel announced a 15-year partnership with LightSquared on Thursday, the wireless venture backed by bil…
The much rumored and much talked about deal between Sprint Nextel and LightSquared has finally come to fruition, the two companies announced Thursday. LightSquared says that this deal will lower its expenses by more than $13 billion. Here is the breakdown of the deal:
A look at some of the big stories in mobile today:
— Apple: More expectations for a blowout quarter as the company reports earnings later…
LightSquared, the upstart wireless broadband company, has raised $265 million in addition to the nearly $3 billion that hedge fund titan Phi…
LightSquared, the company betting it all on a wholesale 4G wireless broadband network, said Tuesday it has raised $265 million from existing and new investors. None of the investors were named, but it brings LightSquared’s total funding to $2.3 billion just in the last year.
LightSquared filed a reporton Thursday that shows that its planned wholesale LTE wireless network would interfere with existing GPS equipment, and suggested a three-part plan to resolve the issue. The report, filed with the FCC, could throw the operation of LightSquared’s network into some doubt.
LightSquared, the company trying to build a wholesale 4G wireless network using a mix of FCC waivers, satellite spectrum, a to-be-built terrestrial network and a helluva lot of gumption may have signed a deal with Sprint.
Cox Cable says it plans to shut down its wireless network according to Fierce Wireless, which published a story this afternoon citing Cox spokesman David Deliman who said the cable company will “soon” decommission its 3G network and use Sprint for its service.
Clearwire has resolved its wholesale agreement dispute with Sprint, signing a deal that calls for Sprint to pay Clearwire about $1 billion over the next two years. The deal removes some uncertainty for struggling Clearwire and helps forge a stronger bond with Sprint, its majority owner.
LightSquared, the company trying to create a wholesale fourth generation wireless network is thinking about an initial public offering. Is the company is planning to take investors for a ride using the current spectrum crisis as cover for a questionable business plan?
For a mobile operator without a network or handset, LightSquared has struck a lot of deals, and been associated with some big name partners. AT&T even mentioned it as a viable mobile broadband competitor in its conference call to discuss its plans to buy T-Mobile. Why?
Our look at some of the big stories today in mobile: Sprint (NYSE: S) wants to take its AT&T/T-Mobile complaints to Washington; Bing updates…
Things are looking up for LightSquared, the company trying to build a wholesale LTE network. It scored a $586 million loan, got a huge waiver from the FCC and some unnamed customers. Yet, its network buildout has slowed and it picked a fight with the Pentagon.
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.
LightSquared, the upstart telecommunications company that hopes to build a Long Term Evolution network using both a terrestrial and a satellite network, is prepping to announce its involvement with a project this afternoon to provide wireless access for rural healthcare providers.
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.
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.