LightSquared gets lifeline from lenders - Mobile World Live

LightSquared gets lifeline from lenders

14 JUN 2012

Troubled US wholesale LTE network LightSquared has reached an agreement with lenders that will enable it to continue operating until September 2013, reports Bloomberg. The company filed for bankruptcy protection in May so it could continue to attempt to resolve regulatory opposition due to concerns that its proposed network could interfere with GPS services. 


Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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