LightSquared Update - New CFO, Sprint Reprieve - 1/4/12
Today LightSquared named Marc Montagner as its new chief financial officer after the previous one left the company Montagner brings some key experiese and experience: He worked on regulatory and technical issues for LightSquared’s predecessor company, SkyTerra and was in charge of acquisitions for Sprint, including the Nextel merger.
- The Hill
Sprint's deal with LightSquared is based on FCC approval of the wireless tech by the end of 2011. Of course, that didn't happen so Sprint generously gave LightSquared another month. But if that falls through, Sprint could walk away.
by Adena Schutzberg on 01/04 at 05:13 AM |
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