LightSquared rebranded to Ligado Networks, as it attempts to “turn the page” after emerging from bankruptcy last year.
The rebrand to Ligado, a Spanish word which means “being connected and ready to go”, is designed to “emphasise the company’s mission to utilise mid-band spectrum” across the US and Canada, it said in a statement.
As part of a chequered history, LightSquared filed for bankruptcy protection in 2012 after failing to launch a wireless network in the US following objections from GPS players.
Since getting the green light from US regulators to begin operating again in December, it moved quickly to settle outstanding lawsuits with some GPS companies over how to use the spectrum in question.
And with the rebrand in place, Ligado CEO Doug Smith said there was now a clear mission to provide mid-band spectrum to support the growing number of connected applications on the market.
“As an example, when we look at the Internet of Things, it’s not just Things, the real keys to success are the connections between those Things as well as the quality of that connectivity,” he said. “Mid-band spectrum is part of the solution to deliver ultra-reliable, highly secure, and capacity rich connectivity.”
Smith added the company continues to work with industry and government stakeholders to “advance the regulatory process” to bring its spectrum to the market, but did not provide a timeframe for launch.
It said it recently filed a plan with the FCC, seeking public comment on the agreements reached with GPS companies, as it continues to seek approval from the FCC for its plans to bring more spectrum for mobile broadband.