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Wednesday, January 11, 2012

LightSquared Update - LightSquared Asks FCC for Approval Face to Face - 1/11/12

[LightSquared CEO Philip] Falcone and two LightSquared representatives met Jan. 4 with Federal Communications Commission staff and “emphasized the significant investment that has already been made in the LightSquared network,” according to a filing posted yesterday on the agency’s website.

The plea is being described as an 11th hour effort to "woo" the agency. I think that's accurate.

- Bloomberg

by Adena Schutzberg on 01/11 at 05:17 AM | Comments | Bookmark and Share

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