LightSquared files for Chapter 11 bankruptcy
LightSquared on Monday filed for Chapter 11 bankruptcy after its planned high-speed wireless network was derailed by regulators, Bloomberg reported. The company’s data network would …
lightsquared
Latest lightsquared
Sprint officially ends agreement with LightSquared
Sprint on Friday announced that it has terminated its agreement with LightSquared. The two companies agreed last June to an 11-year deal that would share …
Sprint to end deal with LightSquared, report claims
Sprint is reportedly planning to walk away from its planned network-sharing deal with LightSquared as early as next week, Bloomberg reported on Wednesday. Sprint and …
LightSquared CEO steps down, will remain chairman of the board
LightSquared on Tuesday announced that Sanjiv Ahuja has resigned from his role as chief executive officer. Chief network officer Doug Smith and and CFO Marc Montagner …
LightSquared plans to lay off 45% of its staff
LightSquared announced on Tuesday that the company plans to cut its workforce by 45% in an effort to cut costs. “This and other cost savings measures will allow …
FCC to block rollout of LightSquared 4G LTE network
LTE startup LightSquared is about to be dealt the final blow in a longstanding battle that has seen its dream of becoming “America’s dumbest pipe” shattered. …
Sprint gives LightSquared six more weeks to gain FCC approval
Sprint has granted LightSquared six more weeks to gain approval from the Federal Communications Commission to launch its network. This is the second time the …
LightSquared and former FCC chief engineer say GPS tests were rigged
LightSquared and former FCC chief engineer Edmond Thomas on Wednesday said the GPS test devices that were used by the National Space-Based Positioning, Navigation and …
LightSquared’s 4G LTE network will always interfere with GPS, government says
In a memo released on Friday, the National Space-Based Positioning, Navigation and Timing Executive Committee said the nine federal agencies that make up the body …
LightSquared asks NASA for investigation into GPS advisory board
LightSquared has asked NASA’s inspector general to investigate whether or not an advisor to federal agencies has conflicts of interest that make it unfair for …
LightSquared names Marc Montagner Chief Financial Officer
LightSquared announced on Tuesday that it has named Marc Montagner as Chief Financial Officer. Montagner replaces Michael Montemarano, who left the firm in November. Montagner …
Sprint gives LightSquared 30 extra days to gain FCC clearance
Sprint recently told LightSquared that it has an additional 30 days to gain approval from the Federal Communications Commission to launch its 4G LTE network. …
LightSquared demands approval from FCC
LightSquared on Tuesday issued a letter to the Federal Communications Commission ostensibly demanding approval to build out its 4G LTE network. LightSquared executive vice president of regulatory affairs …
LightSquared’s network still causes GPS interference, federal officials say
LightSquared’s intentions to build a brand new 4G LTE network has gained nationwide attention, but over the past few months the attention has been turned …
LightSquared wants to be America’s dumbest pipe
LightSquared, a wholesaler of satellite and terrestrial broadband services, took to the stage at the Open Mobile Summit on Wednesday to clarify the company’s goal: to …
LightSquared develops new antenna to settle GPS concerns
LightSquared announced on Thursday that, in cooperating with PCTEL, it has developed a new antenna that will help “resolve concerns over high precision GPS receivers.” …
We’ll be reporting live from Sprint’s ‘Strategy Update’ press conference tomorrow
This has been a crazy, crazy, crazy week so far, but it’s not over yet. Sprint is holding a “Strategy Update” meeting Friday morning in …
Sharp to manufacture smartphones and tablets for LightSquared’s 4G LTE network
Wholesale wireless reseller LightSquared announced on Monday that Sharp will manufacture smartphones and tablets capable of running on its 4G LTE network. LightSquared said that …
Sprint to deploy 4G LTE network early next year
Sprint will deploy its 4G LTE network early next year and has already started to deploy the required equipment, CNET reported on Tuesday. Reportedly, Sprint …
BTIG upgrades Sprint rating based on valuation, potential iPhone 5 launch
In a note to investors on Tuesday, BTIG Research analyst Walter Piecyk raised his rating on Sprint stock from Sell to Neutral without indicating a …
Sprint announces deal to adopt 4G LTE
Sprint on Thursday announced that it has inked a deal with LightSquared will see 4G LTE services built out on its massive nationwide network. LightSquared …
Sprint to reveal 4G LTE network plans later this month, report claims
Later this month, Sprint will formally announce its plans to bring 4G LTE service to its subscribers via a network-sharing deal with Virginia-based LightSquared, CNET …
Sprint to deploy 4G LTE network with LightSquared
Sprint has reached a deal to deploy a 4G LTE network with LightSquared, Bloomberg reports. The deal could be worth as much as $20 billion over …
Sprint close to $20 billion network deal with LightSquared
LightSquared Inc., a 4G LTE communications network, is very close to a deal that could put up to $20 billion in the bank for Sprint …
AT&T CEO: T-Mobile acquisition will immediately improve reliability
AT&T was noticeably silent about its $39 billion acquisition of T-Mobile during the CTIA Wireless 2011 tradeshow last week, but on Wednesday the company’s CEO, …
