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Posted at 11:18 AM ET, 05/21/2012

Lights out for LightSquared?

Are the lights out for good at LightSquared?

Here’s our article from the weekend about the year-long saga for investor Philip Falcone and LightSquared.

The company asked the FCC last week to help it swap its L-band spectrum for other airwaves that don’t have GPS interference issues.

And in the Hill, it looks like FCC has expressed a desire to do all the agency can to help resolve the interference issues.

In a letter last month to Rep. John Duncan (R-Tenn.), FCC international bureau chief Mindel De La Torre said the agency is “considering all options for addressing this ... issue.”


Falcone’s folly

LightSquared files for Chapter 11 bankruptcy

FCC delays review of Verizon’s bid for cable spectrum

By  |  11:18 AM ET, 05/21/2012

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