LightSquared tries to keep its 4G LTE dream alive

The hedge-fund backed LightSquared isn’t giving up on its plan to build a nationwide 4G wireless network. But the path forward is likely to be a long one.

Last week, LightSquared, which was backed by billionaire Philip Falcone and his hedge fund Harbinger Capital, filed proposals with the Federal Communications Commission that would help it satisfy interference concerns and allow the company to build its nationwide 4G LTE wholesale network.
Specifically, LightSquared has promised to permanently vacate the upper 10MHz of its radio spectrum. And it said it wouldn’t use the lower 10MHz of…

More here: LightSquared tries to keep its 4G LTE dream alive

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Vinod Rawat

I'm a very patient listener with positive attitude towards work and life. I'm kind of innovative and creative, I keep learning things and try to implement them to the best use possible. Sometimes I love to write a little and share with the world, sometimes I stay busy at work or family. Professionally I'm a Web & Graphic Designer and also a Pro Marketer. I have over 12 years of working experience in Sales & Marketing, Graphic and Web Design. Explored many areas of business. Sometimes I do love to travel.

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