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LightSquared cedes some authority, ditches power plan to save network
The company says it will give agencies veto power over its operation in upper bandwidth in return for a green light from FCC to operate in lower bands.
Beset by leaked reports that its planned network once again flunked Global Positioning System interference tests and with billions of dollars at stake, startup cellular carrier LightSquared took a bold step late Monday to win approval for operation of its network in its low frequency band by offering a multiagency federal working group veto power over operations in the upper portion of its spectrum. Read the whole story at Nextgov.com.