According to Bloomberg
is considering pulling the plug on its partnership with Lightsquared as early as next week. Philip Falcone's burgeoning enterprise was subject to a March 15th deadline to gain approval for a nationwide LTE network, but that was shot down by the FCC
last month. The company's been treading water
ever since and whilst it remains optimistic that a workaround can be found, it's already ousted former CEO Sanjiv Ahuja
, fired 45 percent of its staff
on a $56 million payment to Inmarsat. The same report claims that Nokia Siemens Networks
, the infrastructure arm of the handset maker has suspended network building projects until further notice. The split would cost Sprint around $74 million, but given the current state of affairs, that may look like a bargain.