After an interesting battle with the FCC, LightSquared, and subsequently Sprint, who had announced a plan to partner with LightSquared for 4G LTE, the company has been dealt a crippling blow. The FCC has suspended a waiver granted to them in 2010, that would allow them to build-out their LTE network. The waiver was revoked over concerns that the spectrum used by LightSquared would be dangerously close to navigational GPS, and that it could affect up to 75% of GPS signals.
The National Telecommunications and Information Administration, in a letter,
What does LightSquared have to say about all of this? Hit the break.
The company fired back with a press release, stating,
Definitely a strong move, taking on the FCC directly in the public. LightSquared will definitely be continuing to fight this decision, not only because it is patently ridiculous, but because the FCC had originally tasked the company with building this network, at their own cost. When an unregulated federal agency starts messing with the private sector and its money, it never ends quietly. Expect to be hearing about this one loudly for a while.
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