LightSquared Inks Another Wholesale Customer Agreement
Aug 4, 2011, 9:29 AM by Eric M. Zeman
LightSquared today announced that it has signed PowerNet Global as a new wholesale customer of its forthcoming Long Term Evolution 4G mobile broadband network. PowerNet will resell LightSquared's network services, including voice and data, under its own brand. LightSquared has signed up a number of wholesale partners in recent weeks, despite issues it is facing with respect to GPS interference. LightSquared and Sprint also recently announced that Sprint will help LightSquared build its LTE network in exchange for cash and LTE network access. The FCC has yet to give LightSquared final permission to operate its network.
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