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LightSquared Reaches 15-Year LTE Deal with Sprint

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Same Script, Different Cast

carmodboy99

Jun 20, 2011, 10:32 AM
This brings me back to the Clearwire collaboration, then subsequent purchase made to look like an investment, then rebranding of both Xohm and Clearwire to "Clear". They announced LTE plans and deployed an actual LTE network in Arizona (Xohm was Maryland, I believe?) Then find a partner to share the build out cost, followed by a substantial investment in said partner while quietly wrapping/purchasing up loose ends (Clear) in the background (first time around it was the affiliate markets) and then systematically standing by offering no support as the new company flounders until they get to be the hero and pick up the rest of the pieces for pennies on the dollar. The real windfall in all this has been the spectrum portfolios for Sprint, noth...
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