Tuesday, 31 January 2012

Sprint grants or loans LightSquared six-week extension for FCC approval

As Carl Icahn prepares to accept wheel, buttressed with a cushion of distressed LightSquared debt, Sprint seems near to ending its ill-fated dance using the upstart LTE provider. After granting the Falcone-backed company a 30-day extension the 2009 The month of january, the Hesse-brought co takes one further stab at making that 15-year resource discussing agreement work, giving the unhappy network one more six days to garner regulating approval because of its questionable spectrum. Because it stands, the fate of LS' wholesale 4G operation lies inside the FCC's hands with no hard date for any final ruling around the corner, it's not hard to look at this last lifeline because the finish.

Sprint grants or loans LightSquared six-week extension for FCC approval initially made an appearance on Engadget on Tue, 31 Jan 2012 18:58:00 EDT. Please visit our terms to be used of feeds.

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