The Hit Farm

The Federal Communications Commission sought comments Wednesday on revoking LightSquared's permit after a federal agency that coordinates wireless signals, the National Telecommunications and Information Administration, concluded that there's no way to The Federal Communications Commission struck a major setback to LightSquared, revoking the company's waiver to turn on its nationwide wireless network. The ruling came [...]

The Federal Communications Commission (FCC) moved to reject LightSquared's planned wireless network on Tuesday after the president's top adviser on telecom issues said there is “no practical way” to prevent the network Philip Falcone's LightSquared Inc. wireless service would have “ruinous effects” on aviation because of signal interference and its plan for a nationwide data [...]

UK stocks retreated as BP Plc, GlaxoSmithKline Plc and AstraZeneca Plc shares all traded without the right to the latest dividend. Royal Bank of Scotland Group Plc (RBS) and Barclays Plc (BARC) led bank shares higher. Morgan Crucible Plc rallied 5.7 NTIA LightSquared Recommendation to the FCC. Printer-friendly version. Date: February 14, 2012. application/pdf icon [...]

The broadband company LightSquared is back in the news again. A recent study shows that the internet company's signals will interfere with 75% of GPS syste Grassley, the ranking Republican member of the Senate Judiciary Committee, said that he will place the hold as a “last resort” in order to obtain information on how the [...]