Jump to content

"Lightsquared gets additional rope"


xcharles718

Recommended Posts

I guess they're still working on attempting that DoD spectrum swap.

 

From Daily Wireless

http://www.dailywire...dditional-rope/

 

...LightSquared has reportedly reached a $190 million agreement with its creditors that will let it continue operations until September 2013, Bloomberg reports. At stake was the company’s ability to draw upon $190 million of encumbered cash at LightSquared LP, the main operating subsidiary of the company.

 

LightSquared filed for Chapter 11 bankruptcy in May after LightSquared’s founder, Harbinger Capital Partners CEO Philip Falcone, failed to strike a deal with lenders — holding more than $1 billion in company debt — to keep the company afloat.

 

 

The deal will allow the company to use as much as $190 million in collateral until the fall of next year while repaying creditors $6.25 million a month.

Meanwhile, a group of lawmakers pressed the FCC to review using Department of Defense spectrum for LightSquared.

“A spectrum swap is the most resourceful and efficient way to quickly expand broadband access nationwide,” the letter said. The letter was sent by Reps. Jim Moran (D-Va.), Maurice Hinchey (D-N.Y.), Steve Rothman (D-N.J.) Rodney Alexander (R-La.) and Ander Crenshaw (R-Fla.), all members of the House Appropriations Committee...

Link to comment
Share on other sites

I hope they do not get it. I'd rather it go to someone like tmobile/sprint/ other RCA members over light squared.

 

FCC could give sprint the 700 and sprint give up the 800mhz.

 

Or tmobile buys 10mhz of the spectrum, and promises to build out the full 20mhz all over it's network.

 

Either way, we would have 3 national carriers using 700mhz, and if FCC forces interpolabolity. We could have smaller regional guys have the ability to roam on any of the three.

 

That sounds like a better plan than rewarding light squared on a failed gamble.

Link to comment
Share on other sites

I hope they do not get it. I'd rather it go to someone like tmobile/sprint/ other RCA members over light squared.

 

FCC could give sprint the 700 and sprint give up the 800mhz.

 

Or tmobile buys 10mhz of the spectrum, and promises to build out the full 20mhz all over it's network.

 

Either way, we would have 3 national carriers using 700mhz, and if FCC forces interpolabolity. We could have smaller regional guys have the ability to roam on any of the three.

 

That sounds like a better plan than rewarding light squared on a failed gamble.

 

Where would they get this 700MHz spectrum that you're talking about? All of the 700MHz spectrum has been spoken for with public safety taking a big chunk.

Link to comment
Share on other sites

Unless I am mistaken, isn't the spectrum light squared is trying to swap for is the public safety 700mhz.

 

 

Also AT&T only has 20mhz in like 1/3 of the country. Another 1/3 has 10mhz and the last 1/3 has no 700mhz. I believe Chicago is a 10mhz market.

Link to comment
Share on other sites

Unless I am mistaken' date=' isn't the spectrum light squared is trying to swap for is the public safety 700mhz.

 

Also AT&T only has 20mhz in like 1/3 of the country. Another 1/3 has 10mhz and the last 1/3 has no 700mhz. I believe Chicago is a 10mhz market.[/quote']

 

Lightsquared is trying to swap for Department of Defense spectrum. I believe that the lowest frequency they could hope for from the DOD is in the 900 mhz band, but realistically, they will probably get something comparable to what they had, just without the interference issues.

 

Sent from my CM9 Toro using Forum Runner

  • Like 1
Link to comment
Share on other sites

Unless I am mistaken, isn't the spectrum light squared is trying to swap for is the public safety 700mhz.

 

 

Also AT&T only has 20mhz in like 1/3 of the country. Another 1/3 has 10mhz and the last 1/3 has no 700mhz. I believe Chicago is a 10mhz market.

 

As if PS is going to just roll over and play dead!

Link to comment
Share on other sites

  • 1 year later...

So I was looking through the permits for CT and saw that lightsquared was approved to install 3 antennas on a cell tower in Avon CT at 376 deercliff rd.

Last year they had applied for quite a few of them inside the Vegas City limits.

 

 

Sent from Josh's iPhone 5 using Tapatalk 2

  • Like 1
Link to comment
Share on other sites

Last year they had applied for quite a few of them inside the Vegas City limits.

 

Las Vegas was a LightSquared test bed.

 

AJ

Link to comment
Share on other sites

 

 

Last year they had applied for quite a few of them inside the Vegas City limits.

 

 

Las Vegas was a LightSquared test bed.

 

AJ

I figured as such, but they let quite a few of their permits lapse without doing anything to them.

 

 

Sent from Josh's iPhone 5 using Tapatalk 2

Link to comment
Share on other sites

I figured as such, but they let quite a few of their permits lapse without doing anything to them.

 

But with the permits they did use, they wrecked GPS.  So, that has to count for something.

 

AJ

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • large.unreadcontent.png.6ef00db54e758d06

  • gallery_1_23_9202.png

  • Posts

    • This has been approved.. https://www.cnet.com/tech/mobile/fcc-approves-t-mobiles-deal-to-purchase-mint-mobile/  
    • In the conference call they had two question on additional spectrum. One was the 800 spectrum. They are not certain what will happen, thus have not really put it into their plans either way (sale or no sale). They do have a reserve level. Nationwide 800Mhz is seen as great for new technologies which I presume is IOT or 5g slices.  T-Mobile did not bite on use of their c-band or DOD.  mmWave rapidly approaching deadlines not mentioned at all. FWA brushes on this as it deals with underutilized spectrum on a sector by sector basis.  They are willing to take more money to allow FWA to be mobile (think RV or camping). Unsure if this represents a higher priority, for example, FWA Mobile in RVs in Walmart parking lots working where mobile phones need all the capacity. In terms of FWA capacity, their offload strategy is fiber through joint ventures where T-Mobile does the marketing, sales, and customer support while the fiber company does the network planning and installation.  50%-50% financial split not being consolidated into their books. I think discussion of other spectrum would have diluted the fiber joint venture discussion. They do have a fund which one use is to purchase new spectrum. Sale of the 800Mhz would go into this. It should be noted that they continue to buy 2.5Ghz spectrum from schools etc to replace leases. They will have a conference this fall  to update their overall strategies. Other notes from the call are 75% of the phones on the network are 5g. About 85% of their sites have n41, n25, and n71, 90% 5g.  93% of traffic is on midband.  SA is also adding to their performance advantage, which they figure is still ahead of other carriers by two years. It took two weeks to put the auction 108 spectrum to use at their existing sites. Mention was also made that their site spacing was designed for midrange thus no gaps in n41 coverage, while competitors was designed for lowband thus toggles back and forth for n77 also with its shorter range.  
    • The manual network selection sounds like it isn't always scanning NR, hence Dish not showing up. Your easiest way to force Dish is going to be forcing the phone into NR-only mode (*#*#4636#*#* menu?), since rainbow sims don't support SA on T-Mobile.
    • "The company’s unique multi-layer approach to 5G, with dedicated standalone 5G deployed nationwide across 600MHz, 1.9GHz, and 2.5GHz delivers customers a consistently strong experience, with 85% of 5G traffic on sites with all three spectrum bands deployed." Meanwhile they are very close to a construction deadline June 1 for 850Mhz of mmWave in most of Ohio covering 27500-28350Mhz expiring 6/8/2028. No reported sightings.  Buildout notice issue sent by FCC in March 5, 2024 https://wireless2.fcc.gov/UlsApp/letterPdf/LetterPdfController?licId=4019733&letterVersionId=178&autoLetterId=13060705&letterCode=CR&radioServiceCode=UU&op=LetterPdf&licSide=Y&archive=null&letterTo=L  No soecific permits seen in a quick check of Columbus. They also have an additional 200Mhz covering at 24350-25450 Mhz and 24950-25050Mhz with no buildout date expiring 12/11/2029.
    • T-Mobile Delivers Industry-Leading Customer, Service Revenue and Profitability Growth in Q1 2024, and Raises 2024 Guidance https://www.t-mobile.com/news/business/t-mobile-q1-2024-earnings — — — — — I find it funny that when they talk about their spectrum layers they're saying n71, n25, and n41. They're completely avoiding talking about mmWave.
  • Recently Browsing

    • No registered users viewing this page.
×
×
  • Create New...