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LightSquared to Cover U.S. with LTE & Satellite Network

Jul 20, 2010, 7:25 AM by Eric M. Zeman

A new venture called LightSquared today announced that it plans to launch a nationwide, wholesale integrated Long Term Evolution and satellite network. The LTE network will be built by Nokia Siemens Networks, in a deal worth $7 billion over the next eight years. SkyTerra, which was recently acquired by LightSquared, will supply the satellite coverage. LightSquared will offer broadband coverage on a wholesale basis to a range of businesses and entities, including device makers, wireless and wireline network operators, retailers, content providers and more. LightSquared claims to own a national footprint of 59MHz of spectrum in an "advantageous frequency position." LightSquared didn't specify what bands it owns. The company says its network will cover 92% of Americans by the year 2015 and create 100,000 jobs along the way.

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Comments

This forum is closed.

This forum is closed.

bluecoyote

Jul 20, 2010, 12:11 PM

Scam.

This is likely a scam- rehashing the old Globetel Wimax fraud and the Sanswire scam.

maokh

MSV has been going to CTIA for a couple years now under various names, and while at first they seemed to be full of vapor, TerreStar did eventually launch a satellite last year. Its in geosync, and offers reasonably fast all IP network, which can be...
(continues)

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