Press Releases
- August 21, 2012
Doug Smith Appointed Chairman of the Board and CEO of LightSquared - May 14, 2012
LightSquared Implements Voluntary Chapter 11 Restructuring - April 20, 2012
LightSquared’s Amended Agreement with Inmarsat Enhances Opportunities for Increased Competition and Universal Access to Broadband Wireless Coverage Across Entire U.S. - March 30, 2012
LightSquared Says Proposed FCC Ruling Is Legally Unprecedented, Not Supported By Technical Evidence, And Inconsistent With Other Recent Commission Action - March 16, 2012
LightSquared Says FCC’s Proposal Would Undermine Wireless Investment, Create Regulatory Uncertainty - March 16, 2012
LightSquared Says Sprint’s Contract Termination Is in the Best Business Interests of Both Companies - March 6, 2012
LightSquared Announces Extension of Emulation on its SkyTerra-1 Satellite Network for Existing Customers - February 28, 2012
LightSquared Undertakes Search for New CEO; Affirms Intent to Build Wireless Network - February 20, 2012
LightSquared Statement Regarding Inmarsat Notice - February 15, 2012
LightSquared Response to FCC Public Notice - February 14, 2012
LightSquared Remains Committed to Finding Resolution - February 7, 2012
LightSquared Calls on FCC to Initiate Receiver Reliability Standards, Set Level Playing Field for Spectrum Licensees - January 23, 2012
Telecom Ventures Partners with LightSquared to Offer Branded Mobile Broadband Services to Underserved Markets - January 19, 2012
Jolt Mobile Partners with LightSquared to Deliver High-Speed Wireless Data Services to Ethnic Communities - January 18, 2012
Former FCC Chief Engineer and LightSquared Question Validity of Test Results Rigged by GPS Industry Insiders - January 17, 2012
Hometown Telecom to Provide Mobile Broadband Services Using LightSquared’s Network - January 13, 2012
Government Committee’s Refusal to Continue Testing Highlights Systemic Pattern of Bias and Collusion - January 6, 2012
The ISP Store Partners with LightSquared to Deliver Wireless Broadband Services to its Extensive Roster of ISP Customers - January 5, 2012
Broadcore to Run Next-Generation Communications Solutions Over LightSquared’s Network - January 3, 2012
LightSquared Names Marc Montagner Chief Financial Officer - December 23, 2011
Independent Lab Tests Verify High-Precision GPS Devices Can Coexist with LightSquared - December 20, 2011
LightSquared Files Petition for Declaratory Ruling, Asks FCC to Confirm Its Rights as Spectrum Licensee - December 16, 2011
Quantum Networks Partners with LightSquared to Deliver 4G Connectivity - December 14, 2011
Statement from Sanjiv Ahuja, CEO of LightSquared - December 14, 2011
Gateway Communications Services, Inc. to Deliver Branded Wireless Services Using LightSquared’s Wholesale Network - December 9, 2011
Martin Harriman, Executive Vice President of Ecosystem Development and Satellite Business, Issues Statement about Illegal Leak of Testing Data - December 9, 2011
LightSquared Has Now Signed More Than 30 Wholesale Customers - December 8, 2011
LightSquared and Skype Co-Founder’s FreedomPop Partner to Offer Free Broadband Services - December 7, 2011
Testing by World-Renowned Independent Laboratory Shows LightSquared is Compatible with High-Precision GPS Devices - December 6, 2011
Elevate, Inc. Strengthens Services Portfolio with 4G-LTE Wireless Broadband Service from LightSquared - December 1, 2011
LightSquared and Smarter Car to Connect Dealerships and Drivers with Critical Vehicle Information - November 30, 2011
Lawmakers, Technology Experts and Rural Advocates Call on Government to Find Speedy Solution to Spectrum Crunch - November 29, 2011
Cellular Product Distributors and LightSquared Partner to Bundle Hotspot Device and 4G Connectivity - November 28, 2011
EATEL Becomes First Local Exchange Carrier to Partner with LightSquared - November 22, 2011
Soundtracker Turns to LightSquared to Revolutionize the Mobile Music Business - November 9, 2011
LightSquared and Javad GNSS Present Findings of Interference Solution at PNT Advisory Board Meeting - November 8, 2011
Statement by Terry Neal, Senior Vice President Public Relations and Communications at LightSquared - November 8, 2011
Red Pocket Mobile Partners with LightSquared to Deliver No Contract Wireless Data Services to Customers - November 3, 2011
m-banco to Offer Mobile Financial Services Using LightSquared Network - October 27, 2011
Statement by Jeff Carlisle, Executive Vice President for Regulatory Affairs and Public Policy at LightSquared - October 27, 2011
LightSquared and PCTEL Protect High Precision GPS Applications - October 24, 2011
LightSquared Announces Brightstar as Preferred Supply Chain Services Provider - October 13, 2011
LightSquared Shows Filtering Technology - October 12, 2011
LightSquared and Aircado to Bring Wireless Broadband to “Micropolitan” Markets Across the Country - October 10, 2011
LightSquared to Present at the 2011 Deutsche Bank Securities Leveraged Finance Conference - October 5, 2011
LightSquared and CareConnect to Mobilize Seniors - October 3, 2011
LightSquared Announces Collaboration with Sharp® on L-Band Smartphone and Tablet Product Development - October 1, 2011
Statement from Curtis Lu, General Counsel of LightSquared - September 29, 2011
LightSquared Signs Multi-Year Wholesale Agreement with YourTel America - September 27, 2011
Letter from Farming Organizations to Congress in Support of LightSquared and GPS Collaboration - September 26, 2011
LightSquared Signs Multi-Year Wholesale Agreement with AirTouch Communications - September 25, 2011
Open Letter from LightSquared CEO Sanjiv Ahuja - September 22, 2011
LightSquared Chief Financial Officer and Chief Marketing Officer Presented at the Goldman Sachs 20th Annual Communacopia Conference on September 22 - September 21, 2011
LightSquared Announces Simple, Affordable Solution to GPS Interference Issues - September 20, 2011
LightSquared Selects Industry-Leading Systems Integrator and Business Support Systems Vendors to Manage Wholesale Platform - September 12, 2011
LightSquared Signs Multi-Year Wholesale Agreement with VoX Communications - September 6, 2011
LightSquared and Advanta Technologies Announce Long-Term 4G-LTE Wholesale Agreement - August 30, 2011
LightSquared and Simplexity MVNO Services Sign Long-Term 4G-LTE Wholesale Agreement - August 29, 2011
LightSquared and Inmarsat Collaborate to Support Hurricane Irene Emergency Responders - August 23, 2011
LightSquared and InterGlobe Communications Sign Multi-Year 4G-LTE Wholesale Agreement - August 22, 2011
Terry Neal Joins LightSquared as Senior Vice President for Public Relations and Communications - August 15, 2011
LightSquared and EarthComm Solutions Sign Long-Term 4G-LTE Wholesale Agreement - August 11, 2011
From LightSquared: GPS Industry’s Failure to Comply With Department of Defense and International Standards for GPS Receivers Cause of Interference - August 8, 2011
LightSquared and ClearTalk Wireless Announce Bilateral 4G Roaming Agreement - August 4, 2011
LightSquared and PowerNet Global Sign Long-Term 4G-LTE Wholesale Agreement - August 3, 2011
LightSquared Completes Transition of Public Safety Users to SkyTerra 1 Satellite - August 1, 2011
LightSquared Delivers on Promise to Indian Health Service, Tribes and Tribal Organizations - July 28, 2011
Sprint Nextel and LightSquared Announce Spectrum Hosting and Network Services Agreement - July 26, 2011
LightSquared to Invest in Next Generation Push-to-Talk for Public Safety - July 7, 2011
LightSquared Forms Rural Initiative to Ensure LightSquared and GPS Co-Existence - July 5, 2011
LightSquared Secures $265 Million in Additional Financing - June 30, 2011
LightSquared Submits Nationwide Wireless Broadband Plan to FCC - June 28, 2011
LightSquared and netTALK Sign Long Term 4G-LTE Wholesale Agreement - June 20, 2011
LightSquared Solution to GPS Issue Will Clear Way for Nationwide 4G Network - April 21, 2011
LightSquared and SI Wireless Announce They Have Entered Into a Bilateral Roaming Agreement - April 20, 2011
LightSquared and Cellular South Announce They Have Entered Into a Bilateral Roaming Agreement - March 22, 2011
Cricket Enters into 4G Roaming Agreement with LightSquared - March 11, 2011
LightSquared and Open Range Partner to Expand Deployment of Nation’s First 4G LTE Wireless Broadband and Satellite Network to Rural American Communities - March 1, 2011
LightSquared and the United States GPS Industry Council File Their First Joint Report to the Federal Communications Commission - February 22, 2011
LightSquared Announces Additional Financing - February 14, 2011
LightSquared Next-Generation Satellite and Space-Based Network Successfully Completes Post Launch Testing - January 28, 2011
LightSquared Delivers Notice to Inmarsat Triggering Phase 2 of Re-Banding of L-Band Spectrum in North America - January 26, 2011
LightSquared Statement on the Federal Communications Commission Conditional Waiver of the Ancillary Terrestrial Component (ATC) Integrated Service Rule - November 14, 2010
LightSquared Announces the Successful Launch of Next-Generation Satellite - October 19, 2010
LightSquared Announces Redemption of 14 Percent Senior Secured Discount Notes Due 2013 - October 13, 2010
LightSquared Launches Emergency Rapid Response Team - October 7, 2010
LightSquared Announces Chipset Partnership and Initial Device Manufacturers - October 3, 2010
LightSquared Announces Significant Financing - September 29, 2010
LightSquared and the Indian Health Service Partner for Remote Communications for the Indian Health System - August 18, 2010
LightSquared Delivers Notice To Inmarsat Triggering Re-Banding Of L-Band Radio Spectrum In North America - July 20, 2010
Introducing LightSquared: Revolutionizing the U.S. Wireless Industry
LightSquared Has Now Signed More Than 30 Wholesale Customers
RESTON, Va., December 9, 2011 – LightSquared™, a wholesale carrier building a nationwide wireless broadband network that will create consumer choice and drive industry innovation, has reached a significant milestone: more than 30 customers have signed wholesale agreements with the company.
The domination of the 4G-LTE market in the U.S. by two incumbent carriers is fueling the market demand for an alternative low-cost, high-quality nationwide wireless broadband network that will allow many industry participants to remain or become competitive – and LightSquared is increasingly being seen as the solution for that demand.
LightSquared’s unique integrated cellular and satellite network, combined with a game-changing wholesale-only business model, is allowing existing wireless carriers as well as new companies to enter the 4G-LTE market and deliver world-class wireless services at affordable rates for consumers and businesses.
“Even as LightSquared’s network has been delayed by the ongoing process in Washington, dozens of American companies – big and small – continue to seek access to our network,” said LightSquared Executive Vice President Frank Boulben, who leads the company’s strategy, marketing and sales efforts. “These contracts demonstrate the magnitude of the pent-up market demand for an alternative wireless broadband solution. LightSquared’s success is not just about LightSquared. It’s about enabling the success of other companies as well.”
By offering network capacity at extremely competitive wholesale rates, LightSquared has opened up the wireless broadband market to a diverse group of companies looking to introduce or expand their wireless offerings. These customers range from major wireless companies like Sprint to regional carriers such as Leap Wireless and C Spire to rural carriers such as SI Wireless. National retailers such as Best Buy and online retailers like Simplexity have signed on. Other customers include digital services companies like Elevate, as well as regional wireline players across the country such as PowerNet Global and EATEL, which are now able to offer the affordable wireless services that their customers are demanding.
LightSquared has also sparked the development of new, non-traditional companies like Smarter Car, which will connect cars with drivers and dealers, and m-banco which is creating mobile wallets for the “unbanked” population in America. FreedomPop, a disruptive new company spearheaded by Skype co-founder Niklas Zennstrom, will offer free broadband and voice services to all Americans. In addition, LightSquared is also partnering with global consumer products company Sharp to develop a range of innovative LightSquared-enabled devices for LightSquared’s 4G-LTE wholesale customers.
With studies showing that broadband use in many states remains low, LightSquared’s partnerships with many of these companies will improve access to underserved communities across the country and help contribute to the U.S. government’s goal of making broadband available to 98 percent of Americans within five years.
“Companies, from well-known brands to innovative start-ups, are seeking a competitive source of wholesale 4G-LTE capacity, and for many of them, delivering wireless broadband services would not be an option without LightSquared,” said Sanjiv Ahuja, chairman and chief executive officer of LightSquared. “Imagine a wireless industry that fosters innovation, competition and entrepreneurship, and connects those on the wrong side of the digital divide. With a unique business model and competitive wholesale pricing structure, LightSquared is poised to make this a reality, and we’re thrilled that such a broad and diverse group of companies is joining us on this journey to transform the wireless landscape.”
LightSquared’s wholesale customers represent a cross-section of industry. For example, YourTel America can now offer high-speed wireless devices at affordable prices to low-income customers. Red Pocket Mobile, a leading MVNO, will use LightSquared’s network to deliver no-contract mobile broadband services to millions of consumers nationwide. AirTouch Communications can now offer their telecommunications products bundled with connectivity through LightSquared’s network. Soundtracker, a geosocial Internet radio company, is revolutionizing the way mobile music is delivered, giving consumers access to more than 11 million songs, regardless of location.
Several of LightSquared’s customers are new companies that have developed innovative business models around LightSquared’s wholesale network. These companies are testament to LightSquared’s mission to democratize the U.S. wireless market, enabling entrepreneurs to develop wireless value propositions for their customers that were not possible ever before.
More information on LightSquared’s customers can be found on the Partners page on LightSquared.com.
About LightSquared
LightSquared’s mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services – at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared’s network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com, www.facebook.com/LightSquared and www.twitter.com/LightSquared.
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CONTACT:
Chris Stern
Burson-Marsteller for LightSquared
Tel: (202) 530-4737
Chris.Stern@bm.com
Forward Looking Statement:
This release contains forward-looking statements and information regarding LightSquared and its business. Such statements are based on the current expectations and certain assumptions of LightSquared’s management and are, therefore, subject to certain risks and uncertainties. The forward-looking statements expressed herein relate only to information as of the date of this release. LightSquared has no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release, nor is there any assurance that the plans or strategies discussed in this release will not change.
