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LightSquared files for Bankrupcy (Chapter 11)

To the surprise of very few, LightSquared has filed for Bankruptcy protection under Chapter 11.

Given that the firm has virtually no path forward to use its frequencies to provide 4G-type services in light (no pun intended) of the apparently unresolvable GPS interference issues, Chapter 11 gives LightSquared a way to step back and . . . → Read More: LightSquared files for Bankrupcy (Chapter 11)