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LightSquared Files For Chapter 11

Posted by: Philippe Matthews in Professional Development News Comments Off on LightSquared Files For Chapter 11 870 Views

Wireless Internet provider LightSquared has filed for Chapter 11 protection. LightSquared, the ambitious 4G wireless venture recently poised to bring lightning-fast Internet to the masses, filed for Chapter 11 bankruptcy protection earlier today. Government tests found that LightSquared’s signals interfered with GPS reception, a setback LightSquared was never able to recover from.

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LightSquared Files For Chapter 11

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