I’ll Be Back — Yet Again
When you heard that LightSquared filed for bakruptcy last year .. and you quit seeing warnings from me about their attempted plan to disrupt the entire GPS industry with a shaky (at best) plan to run 40,000 high power cell towers right on a wafer thin border of the GPS spectrum, did you think they were dead and gone?
Hah. So much for your foresight … didn’t you ever watch any of the Terminator movies?
Do these things EVER stop, even when smelted down into their molten origins?
Folks, meet the “TRerminator” of the GPS Spectrum Band … LightSquared:
LightSquared, the beleaguered satellite company that plans to revolutionize the wireless industry as a new competitor, could spring back from the dead with an alternative plan it has been quietly shepherding through the regulatory process over the past year. Most industry observers considered LightSquared’s fate sealed when it filed for bankruptcy back in 2012 after failing to receive government approval to launch its cellular network in the face of interference concerns with GPS. But the company has been diligently pursuing an alternative path to bring its business plan to market. ..
More will follow, you can be sure of that.