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LightSquared CEO Hangs Up

Article Comments  1  

Feb 28, 2012, 6:53 PM   by Eric M. Zeman

LightSquared today announced that CEO Sanjiv Ahuja has vacated his leadership role at the embattled broadband company, though he will remain chairman of the board. LightSquared has spent the past year fighting the GPS industry over interference concerns with respect to its planned LTE 4G network in the L-band spectrum. Earlier this year, the government concluded that LightSquared's network would cause harm to the nation's GPS systems. While the company looks for a new CEO, Philip Falcone, the investor backing Harbinger Group, will join LightSquared's board of directors. The company is still committed to making its dream of a nationwide LTE 4G network a reality.



This forum is closed.

This forum is closed.


Feb 28, 2012, 7:47 PM

Here's a thought

When you have an investor group backing you up called "Harbinger Group" you may run in to some troubles....
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