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LightSquared blew it, and here's why

from CNet

LightSquared fired back at the Federal Communications Commission last week, saying the agency's decision to squash the company's planned wireless network would harm the American public. But it appears to be too little, too late for the embattled company. The start-up wireless provider was dealt a fatal blow a day earlier when the FCC suspended a key waiver that would have allowed it to build its 4G network, citing concerns over potential interference with critical GPS equipment. more


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