FCC in hot seat - Lightsquared can't pull a fast one
Wrong - doing business with a faulty company that not only ins billions in debt and messes with GPS systems is not in Sprint's best interests. Unless you think Sprint needs more bad press???
But an analyst said last week that it would be difficult for Sprint to use LightSquared as its 4G spectrum partner, given “increasing chatter” about interference issues. A coalition of GPS users and manufacturers — including Olathe-based Garmin Ltd. (Nasdaq: GRMN) and branches of the military — warned in February that LightSquared’s wireless communications network could interfere with the satellite signals that make GPS devices work.