InfoAnda - GPS interference alters LightSquared network plans |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Syrian air force on offensive after failed truce | | 31 October 2012
John Cleese finalises divorce from third wife | 19 August 2009
Microsoft shelves Courier, but may re-emerge | | 30 April 2010

Project Runway hopefuls show at NY Fashion Week | | 13 February 2010

Forum Views () Forum Replies ()

Read more with google mobile : GPS interference alters LightSquared network plans |

Edition: U.S. Article Comments (0) Editor's Choice Not only .coms as Internet body throws open domain names U.N. atom chief urges nuclear stress tests, inspections U.S. medical-marijuana shops struggle to find bankers Scientists see sunspot "hibernation" but no Ice Age Sega says 1.3 million users affected by cyber attack Analysis: Hopes fading for climate agreement Portable pools pose summer risk for kids Moody's cuts nuclear operator Tepco rating to junk status Comment: 50+ job seeker? Tweet your way to a new career Video: U.S. nuke plant flood warning Follow Reuters Facebook Twitter RSS YouTube Read Boeing expects customers to look at Airbus neo 9:41am EDT Wal-Mart wins Supreme Court sex-bias ruling | 4:18pm EDT Analysis: Germany goes back to black in snub to green power 10:59am EDT Northern Ireland celebrates McIlroy's U.S. Open win 10:56am EDT Anthony case recesses after judge criticizes lawyers 4:38pm EDT Discussed 73 Republicans to debate, with Romney the frontrunner 48 Weiner tells friends he will resign: NY Times 46 IMF cuts U.S. growth forecast, warns of crisis Watched Paris air show takes off Sat, Jun 18 2011 Airbus' view of flying in the future Mon, Jun 13 2011 Hefner's revenge; Ryan Reynolds stops traffic Fri, Jun 17 2011 GPS interference alters LightSquared network plans Tweet Share this Email Print Related News GPS interference alters LightSquared network plans 2:03pm EDT LightSquared gets more time to file GPS test results Wed, Jun 15 2011 LightSquared requests FCC to extend deadline Wed, Jun 15 2011 LightSquared may seek FCC deadline extension Wed, Jun 15 2011 Exclusive: Terrestar nears bid pact: sources Tue, Jun 14 2011 Analysis & Opinion Is it time to clamp down on money funds? Are cellphone payments safe? Related Topics Technology » Sanjiv Ahuja, Chariman and CEO of LightSquared delivers his keynote address at the International CTIA wireless industry conference in Orlando, Florida March 23, 2011. Credit: Reuters/Scott Audette By Sinead Carew NEW YORK | Mon Jun 20, 2011 3:38pm EDT NEW YORK (Reuters) - LightSquared, a telecom start-up backed by Philip Falcone's hedge fund Harbinger Capital Partners, is dramatically changing its plans to build a high-speed wireless network to avoid interference problems with GPS services. LightSquared said on Monday that it would use a different block of wireless airwaves than it had originally planned to use for its network to resolve GPS interference problems that arose during months of testing. The company, which still needs billions of dollars in additional funding to build its network, said the new spectrum band is "largely free" of interference issues. Services as diverse as car navigation and defense systems depend on GPS. The setback could complicate Falcone's efforts to raise new money, according to analysts who also say the change may lead to a big delay for its service launch. Falcone had said he may take LightSquared public to raise funds as early as this year. To date Harbinger has sunk about $3.1 billion into LightSquared -- making the hedge fund the company's single-largest equity investor. The telecom venture also has sold over a $1 billion in short-term debt. "It is very hard to see how you justify an equity value for this business (in line with) what Harbinger has invested," unless it can show it will be able to use all the spectrum it owns within two or three years time, Tim Farrar, an independent satellite industry analyst said. Under the revised plan LightSquared's CEO Sanjiv Ahuja told Reuters that customers would be able to test its service in early 2012 and launch commercial services by mid 2012. BTIG analyst Walter Piecyk said LightSquared could ill-afford any delays given competitive pressure from well established rivals such as Verizon Wireless and AT&T Inc which already offer high-speed wireless services. "It's questionable whether the new spectrum will be ready in time to meet that new timeline," said Piecyk who had expected commercial services in early 2012. Ahuja said the company would try to remedy the GPS interference problems in time to use the original spectrum block in "a couple of years." GPS service providers including Deere & Co, General Motors and Trimble Navigation had said they were concerned that LightSquared's network as it was originally planned would cause serious interference. Trimble had argued that the only solution was for LightSquared to use different airwaves. LightSquared missed a June 15 deadline to file a report with regulators about interference issues and instead asked the Federal Communications Commission for an extension until July 1, which the FCC granted. Harbinger investors have said they are worried about Falcone's plan to set up a new wireless operator and say he may have gambled too much of their money on its success. The LightSquared investment represents a little over half of Harbinger's assets under management. Falcone is giving some investors who have asked to get their money out of his fund some non-tradable LightSquared shares instead of cash. LightSquared has enlisted the help of satellite provider Inmarsat Plc to enable it to prepare the alternative spectrum for use, according to the company. (Additional reporting by Matthew Goldstein in New York and Svea Herbst-Bayliss in Boston; editing by Gerald E. McCormick, Maureen Bavdek and Bernard Orr) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Tuesday, 21 June 2011
Yemen says army beating militants in southern city |
Original Glee cast to graduate in 2012
Latest on Obama's War Powers Act workaround
Settlers cultivate West Bank tourism to tighten grip on land |
Rep. Giffords enjoys "beautiful weekend" return to Tucson
Health On The Hill Transcript: Dems, GOP stake out positions in budget talks
Report: Cavs considering Enes Kanter for No. 1 draft pick?
Court upholds Corsican separatist's murder verdict |
Boeing takes big orders at Paris Air Show
NHL salary cap expected to rise again; should increase to $64 million
Church should pay Dutch abuse victims: commission |
Borders to name bankruptcy buyer by July
Amy Winehouse booed off stage, cancels tour dates
Three slain in southern Somalia battle
Facebook to take top spot in U.S. display ad market |
RIM marketing executive jumps ship for Samsung |
Rambus antitrust trial kicks off against rivals |
GPS interference alters LightSquared network plans |
Hackers bring down British police Website |
Defense firms see opportunity in cyber attacks |
Jackass co-star dies in car crash in Pennsylvania |
Tennis great Jimmy Connors to write memoir |
Tunisia's Ben Ali sentenced in absentia to 35 years in jail |
Jason Giambi blasts Rockies past Indians with three run shot
Syria forces sweep Aleppo as Assad promises reform |
U.S. fails to move beyond words against Sri Lanka for war-crimes against Tamils
Hinduism Summit in Virginia attracts pan-American audience, calls for action
Russia says plane crash kills 44, eight injured |
Dodgers TV deal rejected by MLB; team may not be able to pay bills
Bombs kill 21 at local Iraqi governor's house |
Russian Tu-134 plane crashes near Petrozavodsk
Cee-Lo Green denies he is homophobic following Tweet
Australian flights disrupted by ash cloud again |
Mubarak diagnosed with cancer before his August trial
Hurricane Beatriz heads to Mexico's Pacific coast |
Cast for Basketball Wives LA revealed
Male manicure sparks discrimination suit, court stops salon from charging men more
Supreme Court Strikes Down Huge Sex Discrimination Lawsuit Against Walmart
Nokia unveils new Windows smartphone |
India IT hub orders Google to suspend Street View service |
TerreStar units fight $104 million claim from Sprint |
Scandals or not, VC firms still love China Net startups |
Sprint offers AT&T spectrum solution without merger |
Apple deal could buy Nokia time to change: Moody's |
Nokia unveils new N9 smartphone in Singapore |
Mad Men, Modern Family honored by TV critics |
Gossip Girl star to play Jeff Buckley in movie |
50 Cent writes anti-bullying book for teens |
Peter Fonda marries in Hawaii |
Rock guitarist Leslie West's lower leg amputated |
Marilyn Monroe subway dress breaks auction record |
Britain says can stay in Libya fight as long as needed |
Yemen says steps up fight against Islamists |
Final court approval for Native American class action suit
Pakistan arrests brigadier over Islamist ties |
McKinsey stands by contested health insurance survey
Local wisdom key to combating animal diseases
U.N. urges countries to extend permits for Haitians |
Analysis: Home-grown frustration behind Nigeria bombing |
War in Libya reaches Gaza gas pumps
Italy's Berlusconi overcomes parliamentary test |
Actor Doug Hutchinson, 51, marries 16-year-old girl in Las Vegas
Congo measles outbreak kills 32, infects hundreds
Disgraced Amy Winehouse cancels entire European tour
Iran invites U.N. atom chief to see its nuclear sites |
This cat burglar is one sneaky cat--really.
Protestors march through Valencia in diapers
Aces with bats, too; Phillies pitchers also a hit at plate
LulzSec's ambition grows, targets secret government data |
More pain for Nokia, RIM seen as smartphones get cheaper |
Verizon to kick off usage-based pricing in July |
RIM starts handing out layoff notices, report says |
John Galliano to attend anti-Semitic trial |
Amy Winehouse cancels entire tour |
No regrets for resurgent musician Leon Russell |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01