Thursday, October 13, 2011

$400 Million to Fix LightSquared GPS Interference?

LightSquared says it will cost the commercial GPS industry as much as $400 million for gear that will eliminate the interference potentially caused by its planned next-generation network.

LightSquared Chief Marketing Officer Frank Boulben says there are roughly 500,000 commercial precision GPS devices in the U.S. that could be disrupted by its network. But the company has developed a device, which costs between $300 and $800 and will protect GPS devices from such disruptions.

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