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More Bad News for LightSquared From Sprint and President Obama

January 5, 2012 in Associate Membership, Business, Geomatics, GNSS, GPS, Land Surveying, Land Surveying Equipment, Links, News

The Bad, The Ugly and The LightScrewed

Professional Land Surveyor News

Professional Land Surveyor News

News from around the web today was not good for LightSquared. Earlier this week, I wrote Sprint Grants LightSquared 30 More Days for FCC Approval, Has Another Wheel Fallen Off LightSquared’s Wagon?, and today it seems that possibly the Lightsquared wagon’s axle is now broken too.

The bad news today for LightSquared included news that Sprint Nextel Corp. put on hold its partnership investment with LightSquared and revelations that LightSquared’s planned implementation in the National Defense Authorization Act of 2012 signed by President Obama on December 31st.

LightSquared News Updates From Around the Web

Sprint Grants LightSquared 30 More Days for FCC Approval, Has Another Wheel Fallen Off LightSquared’s Wagon?

January 2, 2012 in Associate Membership, Business, Geomatics, Land Surveying, Land Surveying Equipment, News

Has Another Wheel Fallen Off LightSquared’s Wagon?

Professional Land Surveyor News

Professional Land Surveyor News

Today, The Wall Street Journal reports that Sprint, who last year had signed a 15-year agreement with LightSquared to help that company build its proposed 4G LTE network, has given LightSquared a 30-day extension to get FCC approval.

The original agreement had a December 31, 2011 deadline for FCC approval of LightSquared’s plan. In return, as reported, Sprint would receive priority access to LightSquared’s spectrum and services.

NEW YORK — Sprint Nextel Corp. said Sunday it gave billionaire Philip Falcone’s LightSquared Inc. wireless venture a 30-day extension to a Dec. 31 deadline to get Federal Communications Commission clearance to operate its network.

Getting FCC clearance is a condition of a 15-year fourth-generation spectrum-and-equipment-sharing accord between the two companies.

Professional Land Surveyor Source: The Wall Street Journal

Will LightSquared’s Lobbying, Money and Political Influence Win the Day

This latest development places additional burdens on billionaire Philip Falcone’s LightSquared Inc. wireless venture, beyond the already conclusive facts that the LightSquared plan, as proposed, interferes with GPS devices (particularly those used by land surveyors). Is this one more sign that another wheel has fallen off the LightSquared wagon?

It certainly sounds like the reality of LightSquared not receiving FCC approval is setting in – maybe?. What I do know is that this month should prove newsworthy on this front.

It will be interesting to see if LightSquared’s lobbying, money and political influence win the day.

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