Sprint has terminated its $9B agreement with Lightsquared, due to the FCC’s regulatory concerns over GPS interference. Meanwhile, LightSquared’s CEO, Sanjiv Ahija, resigned in late February, and the company has cut nearly half of its staff.
Sprint has terminated its $9B agreement with Lightsquared, due to the FCC’s regulatory concerns over GPS interference. Meanwhile, LightSquared’s CEO, Sanjiv Ahija, resigned in late February, and the company has cut nearly half of its staff.
