LightSquared’s Broadband Rejection a Blow for Wireless Competition FCC plans to nix wireless network that may jam GPS Sprint May Have Return $65 Million LightSquared U.S. Vetoes National Network bars the use of airwaves broadband plan Gives Falcone Few Options Salvage Value Rejects Deal Cripples Spectrum Gains Bars Lightsquared From Using Airwaves Be Blocked by After Interference Report Citing Blocks Falcone's suspends waiver over interference Grudgingly Hangs Up On Over Concerns With F.C.C. Top Challenge Is Time Daily Big Trouble Plan on collision course Icahn Buys Debt Use

Billionaire Falcone: no LightSquared bankruptcy (Reuters) - Hedge fund manager Philip Falcone is ruling out a bankruptcy filing for his telecom startup LightSquared Inc, one day after U.S. regulators said they planned to yank approval for the company to build a national wireless broadband network. "It is clearly not on our table," Falcone said in an email to Reuters on Wednesday when asked if LightSquared, the biggest investment in his ... LightSquared Response to FCC Public Notice RESTON, Va., Feb. 15, 2012 /PRNewswire/ -- For more than a decade, LightSquared and its predecessor companies have worked to bring a private sector solution to a public problem – expanding wireless broadband ... FCC bans LightSquared over GPS interference LightSquared's plan to become a fifth major nationwide wireless carrier hit a major snag this week, after government regulators said they would continue to bar the company from launching its network. LightSquared's Broadband Rejection a Blow for Wireless Competition The federal government's rejection of LightSquared's ambitious plan to launch a nationwide wireless network is a major setback for hedge fund manager Phil Falcone, who poured billions of dollars into the project. But it also deals a blow to the prospect of more competition in the broadband space, which could have meant more choices for [...] LightSquared Blow Gives Falcone Few Options to Salvage Value Billionaire Philip Falcone's effort to build a national wireless network was rejected by U.S. regulators, leaving him limited options to salvage value from his LightSquared Inc. assets and dealing a blow to efforts to increase industry competition. Agencies Move to Kill LightSquared LTE Plans Over GPS Issue LightSquared's controversial plan to launch a new LTE network was dealt another blow yesterday when the Commerce Department found that the company's technology interferes too greatly with existing GPS systems. FCC May Kill LightSquared's Plans for Wireless Revolution LightSquared wants to build a wireless broadband network but the FCC says tests show that GPS devices are being affected. LightSquared Remains Committed to Finding Resolution RESTON, Va., Feb. 14, 2012 /PRNewswire/ -- In response to the NTIA's recommendation to the FCC today regarding LightSquared's network, the company said it remains committed to finding a resolution with ... LightSquared founder rules out bankruptcy after FCC blow Regulator rejects nationwide wireless network plan Hedge fund manager Philip Falcone is ruling out a bankruptcy filing for his telecom startup LightSquared Inc. FCC Blocks LightSquared's Proposed Network The Federal Communications Commission moved on Tuesday to block LightSquared's planned nationwide wireless network over concerns that it cannot be fixed to coexist with global positioning systems.
Key Words: lightsquared

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