LightSquared May Ink Network Deal with AT&T
According to anonymous sources cited by Bloomberg, LightSquared is looking to buy Long Term Evolution network access from AT&T. Though the deal has not been finalized, LightSquared would use AT&T's forthcoming LTE network in areas where it doesn't have the coverage or capacity to provide its own services. LightSquared is building a nationwide LTE network using L-band spectrum that it plans to launch later this year. It has inked roaming deals with smaller operators, including Cellular South, Cricket Wireless and Open Range. AT&T plans to launch LTE in five markets this summer. Neither LightSquared nor AT&T would comment on the Bloomberg report.
A match made in heaven