Sprint, LightSquared Ink 15-Year Deal

August 2011
Multichannel News;8/1/2011, Vol. 32 Issue 30, p9
The article focuses on the 15-year deal between Sprint Nextelv Corp. and LightSquared Inc. It states that LightSquared will pay Sprint nine million dollars over the first 11 years to operate and build a nationwide 4G Long-Term Evolution (LTE) wireless broadband and satellite network, which hosts L-Band spectrum licensed to LightSquared. Moreover, Sanjiv Ahuja, chairman at LightSquared, says that the network-sharing agreement gives LightSquared cost-effective and rapid radio access network build.


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