Sprint Gives LightSquared 'Til Mid-March

Sprint Corp. (NYSE: S) has granted LightSquared an extension on its Long Term Evolution (LTE) network partnership until the middle of March.

Sprint signed a deal to work with LightSquared to deploy last year, but this stumbled as the GPS interference issue got bigger for the Harbinger Capital Partners LP -backed venture. In December, Sprint extended its deal until the end of January. Now it has given LightSquared another deadline: "Sprint and Lightsquared have extended their agreement until mid-March to give LightSquared additional time to address issues associated with the 1.6 spectrum," a spokesman told LR Mobile on email.

Sprint is also using some of its own spectrum to deploy its first LTE markets by the middle of this year. (See Sprint's 4G LTE Texan Triangle.)

Why this matters
This is another ray of hope for LightSquared. This extension gives the company more time to get test results in about its network and GPS interference. The would-be 4G operator said in January that it has enough money to continue operations for several quarters.

For more
Catch up on the LightSquared GPS saga.

— Dan Jones, Site Editor, Light Reading Mobile

joanengebretson 12/5/2012 | 5:43:36 PM
re: Sprint Gives LightSquared 'Til Mid-March

At one point LightSquared offered to use a smaller portion of its spectrum for terrestrial use. I wonder if that idea is still on the table. Maybe wider guard bands could be a solution to the GPS interference problem?

joset01 12/5/2012 | 5:43:35 PM
re: Sprint Gives LightSquared 'Til Mid-March

They have suggested moving down the L-Band and cutting transmission power. Curious to see how all this plays out.

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