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

    • Just revisiting the RCS issue and discussing another point I find odd.  Yeah, my family and close friends and most coworkers still mostly use whats app in our chats due to the odd RCS issues.   Some have Apple phones, some Samsung.  But using Facebook Messenger or Whats App handily eliminates those issues.   But the other thing I find odd is how all the information out there states that to use the Smart View app to mirror your phone to your TV that your TV and your phone have to be on the same wifi network.  That is 100 percent untrue.  I've historically not had wifi at home and only use it in our common areas in our community or occasionally at work.  But primarily I just use my phone for everything and do not have wifi at home.  It's because I haven't needed it.  I've been using all my Samsung phones for the better part of a decade now as my entertainment center because it's simple, effective, portable and absolutely does not require a wifi connection for my TV in order to cast all the content from my phone.  I'm not sure why it is stated that it is required.  The two devices - as we all no doubt know - create a wifi direct connection between the two devices in order for smart view to work, however, no general wifi network is required at all.  Again, I've been enjoying the feature for close to a decade but I find it odd that they say that you need wifi at home to use it.  Samsung television sets, Roku TV sets, LG TV sets (I cast to all of them at work regularly, again, sans wifi) and TCL TVs are all compatible.  There are likely more but these are the ones that I regularly screen mirror to, again, without the two devices being on the same network (this is separate from the notion of creating a wifi direct connection between the 2 in order to enable the service). This is the sole reason I only buy Samsung phones.   I tried a Pixel device before the Pixel 8 (which was the first to allow display out via wired connection for streaming) but it simply did not offer the same feature.   I wonder why they say this.  It's interesting if nothing else.  
    • Yeah, I probably see it through a Washington/Oregon market lens. And maybe a little Nebraska too.  These are the only places I have monitored Tmo overlay of USC closely. Tmo has already added service on 80% of the same towers that were unique to USC just 5 years ago around here.  The 20% left are either too close to an existing Tmo site, or, probably already on Tmo's plans to collocation.  But there is one USC site on the beach where our family likes to go that I am dying for Tmo to add service.  There won't be a lot of new coverage added here. But I have not done really any review in other USC areas.  But I definitely think it's a good move. Robert
    • Found Ericsson C-band+DoD in Brooklyn. What tipped me off was when I mapped a new eNB in this area on Halloween but I didn't see any permits for a new site in the area and the sectors I mapped matched the existing site that was there. Drove by it today and sure enough it's an Ericsson C-band + DoD site, likely one of the first in the city.  This is eNB 110340, formerly eNB 115257. — — — — — Also a T-Mobile new build in Queens. The permit for this one was submitted last year as a replacement for another monopole that got demolished nearby. It must've only recently got installed because it was offline when I drove by it.
    • Here’s What to Do If You’re Still Paying a Monthly Sprint Flex Lease Charge  Not sure this applies to anyone here but if it does ...
  • Recently Browsing

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