Rob wrote:
Javad got into bed with Lightsquared and now things are not working as planned he is throwing his toys out of the pram.
Javad was hoping to profit from making (and/or perhaps licensing the technology to make) retrofit filters. Some would have been paid for by LS (presumably at wholesale), but the vast majority would have been sold at retail to GPS users. Call it piggyback speculation (Javad speculating on LS's speculation on the possibility of putting cheap Mobile Satellite Service ("MSS") spectrum to a much higher-valued use and reaping a windfall).
I love that LS is suggesting that if it is not allowed to go forward with its terrestrial network it should either be reimbursed for its "losses" or be given other spectrum in exchange that it can use for the terrestrial network. (I.e., LS has the balls to suggest that taxpayers should guarantee its speculation. Have the past 5 years taught us nothing?) LS paid a fair price for MSS spectrum (which is relatively inexpensive because the market for MSS services has never developed). It can still operate an MSS network, or sell the spectrum to someone else who wants to operate an MSS network. It still has the full value of the MSS spectrum, which it acquired at MSS prices, and has lost nothing (except many millions in legal fees fighting for authorization to build its terrestrial network).
Best regards, Charles _______________________________________________ time-nuts mailing list -- time-nuts@febo.com To unsubscribe, go to https://www.febo.com/cgi-bin/mailman/listinfo/time-nuts and follow the instructions there.
