LightSquared Reaches 15-Year LTE Deal with Sprint
Bad news for clear
Bye Bye to clearwire's future. If sprint will be getting its LTE from Lightsquared, then they no longer need to renew their contract with Clear who is short on cash, and then sprint can sale their remaining 51% equity that they have in Clearwire, or Do nothing for or with Clear until their value topples and Sprint can purchase what is left of them for dirt cheap.
Next 365 days should be interesting.
Next 365 days should be interesting.
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GettingSleepy said:
Assuming Lightsquared ever gets to use the spectrum they purchased.
Exactly.
"A number of organizations, including the FAA and DoD, say that LightSquared's network, as proposed, won't work."
Unless Sprint plans to throw Clear under the bus, buy them for cheap and convert the 2.5GHz spectrum from WiMAX to LTE???
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iDont Care said:
Unless Sprint plans to throw Clear under the bus, buy them for cheap and convert the 2.5GHz spectrum from WiMAX to LTE???
not actually a bad idea for Sprint... WiMax to LTE transition is as simple as a software update for the networking equipment; both are OFDMA based, and reusing 2.5GHz spectrum will allow the transition to take place very quickly with no new physical installations required. Unfortunately, anyone with a WiMax handset will lose their 4G connectivity... LTE requires a SIM card while WiMax does not.
On the network end it is super simple. On the handset end... well, it gets hairy. WiMax-equipped customers would get the shaft, but it would be cheap for Sprint to pull off...
(continues)
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