Latest in 4g

Image credit:

Sprint puts the brakes on LightSquared spectrum deal, waits for FCC thumbs up

Shares
Share
Tweet
Share
Save

It ain't over 'till the fat lady sings and, in this case, she's still taking a very deep breath. After granting potential partner LightSquared a 30-day extension to gain final FCC approval for its LTE spectrum, Sprint is now pulling back from the 15-year resource sharing agreement that would see it building out and utilizing LS' plagued network. While the Hesse-led company has yet to issue any specifics of this course change, mention was made of "realigning [the] deployment timeline" -- so, the deal's not totally off the table, but it's definitely hovering in regulation limbo. It's a bummer for sure, as Sprint could really use the additional 4G spectrum, but no matter -- we still have the carrier's LTE-enabled Galaxy Nexus to look forward to.

From around the web