LightSquared sees FCC approval by year-end

08/1/2011 | · CNET · Washington Post, The

LightSquared expressed confidence last week that complaints about potential interference with GPS signals will not derail Federal Communications Commission approval of its proposed national wireless service by mid-December. The company announced it would partner with Sprint Nextel on a network-sharing deal under which the company would pay the carrier $9 billion in cash over 15 years. Also, the FCC denied allegations from an analyst that it took shortcuts in reviewing a waiver for LightSquared by failing to consult key staff members.

View Full Article in: · CNET · Washington Post, The

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