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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (38907)	6/30/2011 1:12:44 AM
From: axial	Read Replies (1) \| Respond to of 46821

LightSquared scores another deal, hits back at critics "Embattled LTE startup LightSquared’s woes appear not to have put off prospective customers, as the company announced yesterday that VoIP provider netTalk had joined Sprint, Best Buy and Leap Wireless as a wholesale customer of the telco. [...] The company has until July 1st to report back to the FCC with results of a testing programme into the claimed interference. While the results have yet to be fully disclosed, early indications are that the proposed technology does interfere with a variety of public safety devices – something that LightSquared strenuously denies. The company is hitting back with its own public policy initiative and sponsoring a study that has found that the GPS industry in America receives an effective $18bn subsidy from the government because it uses GPS spectrum free of charge." [Lawyers At Work...] More: telecoms.com Jim