Posted on 02/18/2012 4:16:23 PM PST by opentalk
Wireless startup LightSquared might try to swap airwave licenses with similar ones operated by the Defense Department in a last-ditch attempt to save its nationwide network, The Wall Street Journal reports, citing sources familiar with the company's plans.
The Federal Communications Commission (FCC) moved to block LightSquared's plans earlier this week after testing showed its network would interfere with millions of GPS devices.
...The company has until mid-March to receive regulatory approval or its risks losing a multibillion-dollar contract with Sprint.
(Excerpt) Read more at thehill.com ...
DoD wouldn’t, but this can be turned into another campaign issue for Obama after he directs such a swap or over rules the FCC. More accessible and cheaper broadband for the masses, courtesy of Obama.
>>>DoD wouldnt, but this can be turned into another campaign issue for Obama after he directs such a swap or over rules the FCC. More accessible and cheaper broadband for the masses, courtesy of Obama.
But no one would be able to use the GPS apps in their Smart Phones because of no satellite reception - courtesy of Dear Leader & cronies.
...Philip Falcone and his invest firm Harbinger Capital have invested billions of dollars in LightSquared.
they are not going to let this go without a fighting. Very corrupt group to assume it would fly to begin with. Also,
Soros Surfaces on the Edge of White House Contr LightSquared
Sprint is on the road to bankruptcy. Any contract with them will be worthless.
Obama And Soros Invested In LightSquared
http://sweetness-light.com/archive/obama-and-soros-invested-in-lightsquared
Emails have surfaced showing LightSquared executives discussing donations to Obamas campaign in policy conversations with White House officials.
Finally, theres the eye-catching detail that another Obama donor, George Haywood, steered then-Sen. Obama to invest $90,000 in the company (then named SkyTerra) back in 2005.
If you are against free broadband for everyone, you are against the Internet, just like if you are against free contraceptives for everyone you want to outlaw contraception.
This is contradicted in the WSJ. According to the WSJ article, Lightsquared is flat out SOL. As they should be. This is a very dangerous situation to allow his bandwidth to potentially interfere w/current GPS systems. That would be incalculable damage. I feel bad for the guy for having his investment trashed, but in no way should he be allowed to inflict the potential damage his system might cause.
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