LightSquared sheds a lonely tear as Sprint legs it
We can still be friends... right?
LightSquared is framing Sprint's departure in the best way it can, promising that the pair will remain friends and may even hook up again some time if they're both drunk enough.
Sprint's departure from the infrastructure-sharing deal was widely expected, and reported, but Sprint takes with it LightSquared's best hope of building the national mobile broadband network with which it had planned to shake up, or perhaps shake down, the American wireless industry.
That apparently remains a goal, but seems to have shifted into the medium term as LightSquared says it:
...will also continue to focus on providing mobile satellite voice and data communications to private industry, public safety organizations and emergency responders across the United States and throughout North America.
...continues to be supportive of LightSquared's business plans and appreciates the company's efforts to find a resolution to the interference issues impacting its ability to offer service on the 1.6GHz spectrum.
Those GPS interference issues have resulted in the FCC refusing to let LightSquared deploy its network. That decision is still open for public debate, and a robust submission from LightSquared is expected. In the meantime Sprint has taken the contracted opportunity to get out of bed with its bonkers other-half and get on with its life. ®