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LightSquared CEO Hangs Up

Feb 28, 2012, 6:53 PM by Eric M. Zeman

LightSquared today announced that CEO Sanjiv Ahuja has vacated his leadership role at the embattled broadband company, though he will remain chairman of the board. LightSquared has spent the past year fighting the GPS industry over interference concerns with respect to its planned LTE 4G network in the L-band spectrum. Earlier this year, the government concluded that LightSquared's network would cause harm to the nation's GPS systems. While the company looks for a new CEO, Philip Falcone, the investor backing Harbinger Group, will join LightSquared's board of directors. The company is still committed to making its dream of a nationwide LTE 4G network a reality.

Dec 1, 2021
T-Mobile recently announced that its mid-band 5G network now covers over 200 million people, a threshold that the industry acknowledges as "nationwide" coverage. (Mid-band 5G offers an ideal balance of fast data speeds and broad coverage compared to 5G in other bands.) In an interview with Phone Scoop, T-Mobile executives detailed how they plan to maintain the company's lead in mid-band 5G even as Verizon and AT&T launch mid-band 5G early next year.

Verizon, AT&T Moving Forward with C-Band 5G Launch This Week Over FAA Objection

Jan 2, 2022
Verizon and AT&T this morning refused a request by federal transportation officials to delay this week's planned launch of 5G service in the critical new C Band. [Update: By evening, the two companies agreed to a two-week delay.] The FAA (Federal Aviation Administration) insists that the service could potentially interfere with radio altimeters that planes use to measure distance to the ground in poor weather.

Verizon Details C-Band 5G Launch Plans, Promises 10x Data Speed

Jan 4, 2022
Verizon has formally announced plans to launch 5G in the new "C-band" mid-band radio frequencies later his month, and filled in details of what the launch will include. The company is promising to cover 100 million people — nearly 1/3 of the population — with the new network at launch.

FCC Raises Over $22 Billion in Latest Mid-Band 5G Auction

Jan 7, 2022
The FCC's Auction 110 has concluded, with up to 33 bidders paying a total of $22.5 billion for 4,041 licenses out of 4,060 offered. All of the top three national wireless carriers participated in the auction.

AT&T, Dish Big Winners in FCC's Latest Mid-Band Auction

Jan 14, 2022
The US FCC (Federal Communications Commission) just announced the winners of its auction 110, for prime new mid-band radio spectrum ideal for 5G. AT&T and Dish spent the most, each splurging for enough licenses to cover the entire continental US.

Comments

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Tofuchong

Feb 28, 2012, 7:47 PM

Here's a thought

When you have an investor group backing you up called "Harbinger Group" you may run in to some troubles....

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