Wednesday, June 1, 2011

LightSquared Considers AT&T Capacity Deal

LightSquared is considering a deal with AT&T to buy network capacity from the carrier, Bloomberg reports.
LightSquared would pay to use AT&T’s fourth generation network when it needs additional capacity. The move would be a little puzzling to the extent that LightSquared, which owns its own spectrum and is leasing tower and radio capacity from Sprint Nextel, would buy additional capacity wholesale, to sell wholesale, when it presumably has plenty of actual spectrum available.

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Directv-Dish Merger Fails

Directv’’s termination of its deal to merge with EchoStar, apparently because EchoStar bondholders did not approve, means EchoStar continue...