Reston, Va. – Communications start-up LightSquared has
landed a key waiver from the Federal Communications Commission (FCC) that will
allow the company to launch what it’s calling an "affordable"
integrated satellite-terrestrial broadband service.
The company, which is
backed by Harbinger Capital Partners, now will be allowed to circumvent a
federal rule by offering wireless broadband service without forcing clients to
also lease satellite connections.
"The FCC’s grant of this application is
an essential building block for our network," the company said in a
statement.
LightSquared is building a wholesale-only nationwide 4G-LTE network
complemented by satellite coverage, and could soon compete in the mobile
broadband space with market leaders AT&T and Verizon Wireless.
Related Links:
http://www.lightsquared.com
