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LightSquared Statement on the Federal Communications Commission Conditional Waiver of the Ancillary Terrestrial Component (ATC) Integrated Service Rule

RESTON, Va., January 26, 2011 – LightSquared, the nation’s first wholesale-only integrated wireless broadband and satellite network, issues the following statement on the Federal Communications Commission’s (FCC) Conditional Waiver of the Ancillary Terrestrial Component (ATC) Integrated Service Rule:

LightSquared is pleased with the Federal Communication Commission’s grant of its request to allow its wholesale customers to provide either dual-mode or terrestrial-only devices as part of an integrated satellite-terrestrial broadband service. LightSquared’s network will provide a robust, open-access network that will permit reliable and affordable service to customers across the country in every market segment. The FCC’s grant of this application is an essential building block for our network as we build out to meet the rigorous construction timetable that the Commission has made a condition of our authorization and reaffirmed in today’s grant of our request.

To assure that its rollout of full commercial service will satisfy the concerns about the possibility of inadvertent harmful interference to certain GPS devices, LightSquared pledges a diligent effort to work with all interested parties in an open and comprehensive process to address those concerns.

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About LightSquared
LightSquared’s mission is to revolutionize the U.S. wireless industry. Through the creation of the first-ever wholesale-only nationwide 4G-LTE network complemented by satellite coverage, LightSquared offers people the speed, value, and reliability of universal broadband connectivity, wherever they are in the United States. Through its wholesale-only business model, those without their own wireless network or who have limited geographic coverage or spectrum can develop and sell their own devices, applications, and services using LightSquared’s open 4G network—at a competitive cost and without retail competition from LightSquared.

For further information about LightSquared, please go to LightSquared.com.

CONTACTS:
Amy Rosenberg
Burson-Marsteller
Tel: +1 (212) 614-4558

Tom Surface
LightSquared
Tel: +1 (703) 390-1579

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.

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MEDIA CONTACT

Tom Surface
Tom.Surface@LightSquared.com
703-390-1579

Michael Tucker
Tucker@lawmedia.net
202-334-1122

Investor Relations
investorrelations@LightSquared.com


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