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Posted at 12:50 PM ET, 09/20/2011

Oversight Committee reviewing information on LightSquared

The House Oversight and Government Reform Committee confirmed it is looking into information related to LightSquared, the satellite-based mobile broadband network. The panel is reviewing material brought to its attention, said Frederick Hill, a spokesman for committee chairman Rep. Darrell Issa (R-Calif.).

In last week’s strategic forces subcommittee hearing, Rep. Michael Turner (R-Ohio) said he would ask Issa and the committee to look into whether the company had received special favors from the White House or the FCC to create a wireless broadband network, The Washington Post reported.

Turner is one of a handful of Republican lawmakers to have called for greater scrutiny of LightSquared, a satellite venture funded by billionaire Philip Falcone. Of particular interest are allegations that the Obama administration helped secure approval for the company’s effort to build the network.

On Monday, Falcone denied allegations that the venture sought regulatory favors from the administration, while contributing to the Democratic party.

LightSquared did not immediately respond to a request for comment.

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By  |  12:50 PM ET, 09/20/2011

Tags:  LightSquared, Spectrum

 
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