Sprint Nextel Corp. has given LightSquared a 30-day extension to a Dec. 31, 2011 deadline to get Federal Communications Commission clearance to operate its network. It isn't quite clear what the extension means, as Sprint could simply grant additional extensions. Nor do most believe LightSquared can get FCC approval that quickly. GPS industry interests are adamant in their claims that LightSquared will cause interference with some GPS receivers.
Getting FCC clearance is a condition of a 15-year spectrum-and-equipment-sharing deal between the two companies, allowing LightSquared to use the Sprint national network, and giving Sprint rights to user LightSquared spectrum. Sprint Grants LightSquared gets 30 more days
Monday, January 2, 2012
Sprint Grants LightSquared 30-Day Extension
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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