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Optical/IP Networks

LightSquared Appoints New CEO & Chairman

RESTON, Va. -- LightSquared today announced that Doug Smith will serve as the new chairman of the board and chief executive officer for the company. Mr. Smith was previously serving as co-chief operating officer for the company.

"LightSquared remains committed to working with all stakeholders to find an equitable resolution to the regulatory challenges that the company has faced this past year," Mr. Smith said. "We are very confident that working together, we can provide the American public with both a protected and robust GPS system while enabling LightSquared to offer consumers and businesses more choice and a lower priced 4G wireless alternative they need and deserve."

LightSquared

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