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LightSquared asks FCC to help it settle GPS dispute

2015-07-02 02:00:00| Total Telecom industry news

Would-be LTE wholesaler confident it can reach a 'reasonable business compromise' with Deere, Garmin, Trimble.

Tags: gps dispute asks settle

 

LightSquared with $1.25 Billion asks U.S. for mobile licenses

2015-04-08 01:19:05| Wireless - Topix.net

Wireless venture LightSquared, emerging from bankruptcy, asked U.S. regulators to clear the way for its renewed quest to set up a mobile broadband service covering the U.S. Regulators should transfer airwaves licenses to the entity to be known as New LightSquared, a company subsidiary said in an April 6 filing posted Tuesday on the website of the Federal Communications Commission. LightSquared last month won U.S. court permission to exit bankruptcy protection, where it has been stalled since 2012 when regulators said its wireless broadband service would interfere with GPS global-positioning navigation technology.

Tags: mobile billion asks licenses

 
 

Falcone lawsuit dismissed as LightSquared prepares Chapter 11 exit

2015-03-31 02:00:00| Total Telecom industry news

Ergen gets $1.5 billion payout from new restructuring plan; mobile broadband firm's CEO looks forward to getting back to work.

Tags: chapter exit dismissed lawsuit

 

US investor lawsuit over Harbinger's LightSquared is dismissed

2015-03-31 01:30:20| Agriculture - Topix.net

A federal judge on Monday dismissed a lawsuit accusing Philip Falcone and his Harbinger Capital Partners LLC of misleading investors by taking a majority stake in wireless company LightSquared Inc without disclosing the investment or its risks. Philip Falcone, chief executive officer and chief investment officer for Harbinger Capital Partners, participates in a panel discussion during the Skybridge Alternatives Conference in Las Vegas, Nevada May, 9, 2012.

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U.S. bankruptcy judge orders LightSquared parties back to mediation

2014-10-07 04:16:09| Agriculture - Topix.net

Creditors of bankrupt wireless company LightSquared and the company's owner, Harbinger Capital Partners, will once again try to reach a mediated restructuring deal after a judge raised the prospect of converting the case to a Chapter 7 liquidation. With a deadline for confirming a plan just weeks away, Harbinger and two creditors, MAST Capital and JP Morgan, had crafted a plan that would carve out and hand over certain spectrum assets to creditors.

Tags: back orders parties judge

 

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