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Sprint has declared that it's no longer Clearwire's majority owner in a move designed to shield the carrier should the worst happen to its troubled bedfellow. While Big Yellow is planning to supplement its own LTE network with Clearwire's TD-LTE backbone, it's looked to distance itself on the busi

2 years ago 0 Comments
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As expected, May 14th is indeed a dark day for LightSquared. The company has just filed paperwork in order to initiate Chapter 11 bankruptcy proceedings in Manhattan's US Bankruptcy Court, effectively killing its dream of providing a high-speed mobile wireless network to upwards of 260 million peo

2 years ago 0 Comments
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Sprint's Steve Elfman has said that the company's intending to activate an LTE service over its 800MHz spectrum by 2014. Big Yellow's already received 3GPP certification to turn Band 26 into super-fast mobile internet, the only remaining regulatory hurdle left to overcome is a thumbs-up from the F

2 years ago 0 Comments
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The writing's been on the wall for a few weeks and now Sprint's officially severing its partnership with LightSquared. Philip Falcone's project had a contractual deadline of March 15th to gain regulatory approval for its LTE service on the 1.6GHz spectrum, which was shot down by the FCC in Februar

2 years ago 0 Comments
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Sometimes when you start heading downhill, it can be hard to stop. Take LightSquared for instance -- not only were its LTE plans repeatedly contested and eventually shot down, but now Sprint, its long time partner, will indeed be cutting ties with the wireless start-up. According to the Wall Street

2 years ago 0 Comments
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According to Bloomberg, Sprint 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 co

2 years ago 0 Comments
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To say it's been a bumpy road for LightSquared over recent months would be an understatement. However, developments this week could see the beleaguered company reach a critical fork in the road. On Tuesday, the National Telecommunications and Information Administration confirmed that LightSquared's

2 years ago 0 Comments
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As Carl Icahn prepares to take the wheel, buttressed by a cushion of distressed LightSquared debt, Sprint appears close to ending its ill-fated dance with the upstart LTE provider. After granting the Falcone-backed company a 30-day extension earlier this January, the Hesse-led co is taking one last

2 years ago 0 Comments
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As you may recall from last year, Sprint and LightSquared signed a 15-year agreement that would see the two companies share spectrum and equipment as they build out their respective LTE networks -- an agreement that hinged on LightSquared's ability to gain FCC approval for its planned use of a parti

2 years ago 0 Comments