LightSquared May Ink Network Deal with AT&T
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Jun 1, 2011, 8:30 AM by Eric M. Zeman
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.
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A match made in heaven