Sprint Kills Its LightSquared Relationship, Returns $65 Million

Sprint has given LightSquared back its $65 million and broken off shared LTE plans with the company, which has been unable to receive FCC approval of its proposed 4G network. - Sprint has officially
stepped away from the 15-year deal it signed with LightSquared in the summer of
2011. LightSquared was to be Sprint's partner in rolling out 4G Long-Term Evolution
(LTE) services, but in a March 16 statement,
citing contingencies related to possible interference issues rela...

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