Equity firm says it will spend billions on rival LTE net

03/29/2010 | NYTimes.com · AviationWeek.com

Harbinger Capital Partners intends to build an LTE-based 4G wireless network across most of the U.S. within five years using satellite-controlled spectrum in hopes of operating as a broad wholesaler of mobile frequencies. The private-equity firm filed its plans with the FCC on Friday as it looks to exploit the 100 MHz of spectrum collectively held by the satellite companies.

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NYTimes.com · AviationWeek.com

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