Can LightSquared Hit Its New Deadline?

3:40 PM -- As of Sunday, LightSquared has an extra month from Sprint Corp. (NYSE: S) to get Federal Communications Commission (FCC) approval for the terrestrial Long Term Evolution (LTE) end of its hybrid satellite and 4G network.

This still seems like a tall order for the company to achieve, to me.

Consider this: The company expects to start testing high-precision devices in January. The crucial work could carry on into February.

Meanwhile, with the National Defense Authorization Act (NDAA) now law, the Department of Defense now appears to have a say in the future of the network.

Seems like a lot to settle in 30 days, especially given that LightSquared has already been fighting the GPS industry for months on interference issues now.

Of course, now, with a revitalized Clearwire LLC (Nasdaq: CLWR) partnership in place and its own "Network Vision" plans for LTE underway, Sprint possibly doesn't need LightSquared as much as it once did.

"Sprint supports LightSquared’s business plans and efforts to resolve potential interference issues expediently," a spokesman for the operator tells LR Mobile via email. "That said, the agreement includes protections for Sprint relating to LightSquared’s requirement to receive FCC approvals."

If Sprint were to get L-Band spectrum if LightSquared fails to get approval, you have to wonder how valuable an asset that would even be. Sprint, however, would at least have much more time to sort out interference issues, as it doesn't essentially need the bandwidth until 2014 or 2015.

Meanwhile, time appears to be an ever-more rare and precious commodity for LightSquared.

— Dan Jones, Site Editor, Light Reading Mobile

clawman 12/5/2012 | 5:46:46 PM
re: Can LightSquared Hit Its New Deadline? The question no one asked Sprint or Lightsquared is how much money they paid Sprint for this 30 day extension so they could still pretend to be relevant for a few more weeks? And how much did they pay Sprint for the last extension? Come on Lightreading, do your job and get the rest of the story before anyone else breaks it first.
krishanguru143 12/5/2012 | 5:46:46 PM
re: Can LightSquared Hit Its New Deadline?


The waiver they did receive was a conditional one and the GPS issue had to be resolved to the satisfaction of the commission.  The FCC also rescinded the waiver back in June.  So LS has essentially been fighting a battle they already lost.  Part of the waiver also required LS to submit monthly reports to the FCC.  Reports that are not listed, as least as far as I could publicly see.  So even if LS tries to pressure the FCC, they could use the fact that LS did not follow the guidelines of the waiver anyway.

LS has been counting their eggs long before they hatched and as it has turned out, not a single one hatched.


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