Sprint to Stop Sending LightSquared Money for Now
Sprint will not give LightSquared any more cash until the company's problems with the Federal Communications Commission are resolved, said Sprint CEO Dan Hesse today at an investor conference. LightSquared hopes to launch a Long Term Evolution 4G mobile broadband network across much of the U.S. using L-band satellite spectrum. It is still awaiting government approval, and tests have shown that its network interferes with nearby GPS signals. The company demanded the FCC allow it to commence operations, but the FCC has yet to make a decision. "The companies have agreed to realigning our deployment timeline to coincide with potential FCC actions," said spokesperson Scott Sloat in an e-mail sent to Bloomberg. Sprint has given LightSquared until the end of January to score FCC approval before it backs out of the network-leasing deal the companies struck in 2011.
Samsung Blames Note7 Recall On 2 Battery Problems
Jan 22, 2017
Samsung today said problems created during the manufacture of the Galaxy Note7's battery caused the phone to sometimes overheat and burst into flame. The company says two separate battery defects are at fault, but maintains nothing was wrong with the phone itself.
Sprint Separates Device Leasing Business to Manage Cash
Nov 20, 2015
Sprint today sold part of its device financing business to a newly formed entity called Mobile Leasing Solutions for $1.2 billion. The new company is being backed by a group of equity investors, including Sprint's parent company, SoftBank.
Sprint to Open Up Leasing to All Phones
Jul 14, 2017
Sprint plans to expand its phone leasing program to all the handsets in its lineup. Until now, Sprint has reserved its leasing program for Apple iPhones and Samsung Galaxies.
Yahoo Overhauls Yahoo Mail for the Web, Debuts Lightweight Android Go Yahoo Mail App
Jun 19, 2018
Yahoo today relaunched its mobile email product for smartphones on several fronts. First, the company has wholly rebuilt its mobile web app.
Slightyly off topic... but is Lightsquared getting screwed here?
I'm not asking from a company v company perspective. I'm asking from a legal perspective. If LightSquared is correct when they claim that the rest of the GPS industry is using frequencies outside of it's legally al
This essentially is an eviction notice by Sprint. Sprint knows that there is no way LightSquared will get approval from the FCC. Sprint's focus will be better used on Clearwire. Sprint's 5Mhz x 5Mhz will be completely "under-nourished" within a quick time span compared to AT&T Mobility and Verizon Wireless by the end of this year. Clearwire's 2.5Ghz spectrum holdings will become Sprint's greatest asset in adding a substantial amount of capacity to their network. This will catapult Sprint to a very potent network position.
It's always good--