Tag LightSquared

Phil Falcone and his Harbinger Capital Partners can now kiss their $3 billion investment goodbye. I’m of the opinion if Lightsquared hadn’t been such relentlessly nasty, over-entitled assholes about the whole thing, their innovative technology might have had a chance.

I’m no Lightsquared fan, but why is the FCC saying GPS receivers will need to work with new users of the spectrum as long, apparently, as it’s not Lightsquared? One winner could be DISH TV, which is seeking to develop…

The network planned by start-up wireless broadband carrier LightSquared cannot safely co-exist with the Global Positioning System, Lawrence Strickling, administrator of the National Telecommunications and Information Administration, wrote in a letter to the Federal Communications Commission Tuesday. LightSquared flunked two…

A multi-agency government panel says the proposed Lightsquared broadband wireless network would interfere with GPS and several safety-of-life systems. Lightsquared is primarily financed by Harbinger Capital, which is controlled by Philip Falcone, a politically connected billionaire now under investigation for…