Billionaire and would-be 4G entrepreneur Philip Falcone has accepted an SEC settlement requiring him sit out the hedge fund industry for five years. In exchange he gets to keep control of… Read more »
Sprint terminated its partnership with LightSquared, depriving the would-be operator of not only its biggest 4G customer but also the means to build an LTE network. Now LightSquared faces two huge… Read more »
Sprint has given its partner LightSquared 30 days to get regulators to green-light the launch of its controversial 4G service, but it may not be enough. If Sprint pulls out of… Read more »
Between the collapse of AT&T’s proposed $39 billion merger with T-Mobile and the death throes of a proposed wholesale 4G network created by a satellite company and now-broke hedge fund, the… Read more »
LightSquared is fighting for the life of its LTE network, as a government report emerging later this week questions if there’s any way its 4G network can coexist with millions of… Read more »
Google updated its Maps for Android software Wednesday, bringing a new feature for those who take public transportation, as well as some additional functions for everyone. But a Labs feature can… Read more »
LightSquared, the company betting it all on a wholesale 4G wireless broadband network, said Tuesday it has raised $265 million from existing and new investors. None of the investors were named,… Read more »
LightSquared filed a reporton Thursday that shows that its planned wholesale LTE wireless network would interfere with existing GPS equipment, and suggested a three-part plan to resolve the issue. The report,… Read more »
LightSquared, the company trying to build a wholesale 4G wireless network using a mix of FCC waivers, satellite spectrum, a to-be-built terrestrial network and a helluva lot of gumption may have… Read more »