LightSquared today fired back at the Federal Communications Commission, saying the agency's decision to squash the company's planned wireless network would harm the American public. But it appears to be too little, too late for the embattled company.
The start-up wireless provider was dealt a fatal blow yesterday when the FCC suspended a key waiver that would have allowed it to build its 4G network, citing concerns over potential interference with critical GPS equipment. The denial of the waiver effectively turned the company into the walking dead.
While the FCC may have officially stamped out LightSquared's hopes … Read more