LightSquared blew it, and here's why LightSquared may have had a great case for building its wireless network, but the fledgling company lacked the political tact to see it through. 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 revoke 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 ... Falcone rejects a LightSquared bankruptcy but problems loom (Reuters) - Hedge fund manager Philip Falcone is ruling out a bankruptcy filing for his telecom startup LightSquared Inc even as sources familiar with the matter said the company was seeking restructuring advice. "It is clearly not on our table," Falcone said in an email on Wednesday when asked if LightSquared was considering a bankruptcy filing after communications regulators said they planned ... 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. LightSquared Vows to Keep Seeking a GPS Solution LightSquared said Wednesday it still wants to find a solution to the GPS interference issue that has probably already doomed the fledgling carrier's plans for a... LightSquared's Options to Save Its Network Are Limited Though would-be mobile carrier LightSquared says it still wants to find a solution to interference with GPS, its options are limited, industry observers said on... Lightsquared Rejection a Blow for Wireless Broadband Lightsquared Rejection a Blow for Wireless Broadband LightSquared's deal with Sprint further falters After giving LightSquared a mid-March ultimatum to get FCC approval, Sprint now says it may have to return $65 million to the wireless venture. 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.
Key Words: lightsquared
References:
http://feeds.jacksonville.com/~r/JacksonvillecomNews/~3/Q8ly0ZkCwBM/national-high-speed-wireless-network-picks-static
http://www2.timesdispatch.com/business/2012/feb/16/tdbiz03-fcc-plans-to-nix-lightsquareds-wireless-ne-ar-1692564/
http://www.tampabay.com/news/business/fcc-halts-plans-for-lightsquareds-high-speed-wireless-network/1215661
http://feedproxy.google.com/~r/cnet/tcoc/~3/YCFinF9NtC4/
http://www.businessweek.com/news/2012-02-15/lightsquared-blow-gives-falcone-few-options-to-salvage-value.html
http://pixelhat.net/
Thursday, February 16, 2012
National highspeed wireless network picks up static FCC plans to nix LightSquared's that may jam GPS halts for Reston firm vows buck denial of LightSquared’s Broadband Rejection a Blow Wireless Competition Sprint May Have Return $65 Million LightSquared deal with further falters block rollout 4G LTE Lightsquared blew it and here's why iPhone competition hurts Clearwire's growth as loss widens Gives Falcone Few Options Salvage Value DealBook With F.C.C. Falcone's Top Challenge Is Time Rejects Deal Cripples Spectrum Gains U.S. Vetoes Network Bars From Using Airwaves Loss Dream Caps Philip Fast Fall Grace treading lightly after debacle
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