Unlike the first installment of this series, Globalstar’s sequel may have a happy ending. Globalstar’s low-power Wi-Fi plans don’t have the interference problems of LightSquared’s LTE network. The FCC also let… Read more »
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 »
With the three tie-up between Sprint, Clearwire and SoftBank now final, Dish Network is left empty handed. But Dish’s chairman Charlie Ergen is hatching other plans, some of which he’s already… Read more »
Hours away from defaulting on debt, LightSquared filed for bankruptcy protection. The company has said it would use the shelter of Chapter 11 to buy time in its fight to build… Read more »
LightSquared is preparing for a potential bankruptcy filing on Monday as it has made little progress in its negotiations with debtholders. If LightSquared does enter into bankruptcy it might find Dish… Read more »
LightSquared’s lenders view the company’s CEO and principle financial backer Philip Falcone as the biggest threat to whatever remains of LightSquared’s chances to get its nationwide LTE network. To remove that… Read more »
But we also saw some new developments in recent months. Android tablets began to steal market share from Apple’s iOS, thanks largely to the success of Amazon’s Kindle Fire. And the… Read more »
If the FCC won’t let LightSquared launch LTE in its satellite spectrum, then the carrier wants the commission to find its network an alternate home on the airwaves. LightSquared still claims… 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 »
After a year of LightSquared fighting GPS industry and government agencies over whether its network would interfere with GPS receivers, the Federal Communications Commission dropped the hammer Tuesday evening, saying it… Read more »