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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.”

Related:

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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