LightSquared wants to build a 4G broadband
communications network, and the Federal
Communications Commission has given
initial approval to the project. The FCC
decision has prompted a massive backlash
by GPS manufacturers and users, who warn
that LightSquared’s plan would disrupt
navigation on land, at sea, and in the air.
LightSquared is backed by Philip Falcone’s
Harbinger Capital, which has risked nearly
$3 billion of its $7 billion in managed assets
on the venture.
Since 2004, LightSquared has had the
authority to operate a satellite voice and data
service that would be augmented by “ancillary”
ground stations. The idea was that handsets for
the LightSquared network would be dual-mode
(containing satellite and cellular transceivers)
and that the ground stations would serve customers in
places where satellite signals were blocked—tunnels or
Last fall, LightSquared petitioned the FCC
to modify its authority for a satellite network to
A BoatU.S. representative delivers 15,000 comments from BoatU.S. members
opposed to the LightSquared plan for a 4G network.
evaporate before my column went to print. I was
wrong. I should have factored in the billions of dollars
backing the project, a shield that has protected it from
having an oaken stake driven into its 4G heart. Belatedly,
here’s the story.
Leave your worries behind. Your destination awaits you.
Cutwater® Boats feature an innovative hull design for
comfortable and fuel-efficient cruising. Step aboard the
new C26 and C28 to experience the Cutwater difference.