Although they do use that satellite word a lot, elsewhere in their page they talk about 40,000 "cell" sites - as in possibly they are doing their backhaul using satellite, but their last mile by terrestrial?
I don't have a clue, but it appears they have a fairly big slug of money. One big warning flag I saw was they were talking about their satellite being built by Boeing right now - only one? No backup? Don't take your organs to heaven, heaven knows we need them down here! Be an organ donor, sign your donor card today. ----- Original Message ----- From: "RickG" <rgunder...@gmail.com> To: "WISPA General List" <wireless@wispa.org> Sent: Tuesday, August 10, 2010 1:17 AM Subject: Re: [WISPA] 4G carrier for carriers > It looks like yet another attempt at satellite broadband. More big bucks > to > outer space! > Spectrum assets and financing. > > *LightSquared* already owns valuable high quality spectrum assets, > including > 59 Mhz of nationwide ubiquitous spectrum in an advantageous frequency > position. > > In addition to the $2.9 billion of assets already contributed by Harbinger > Capital Partners and affiliates,*LightSquared* has additional debt and > equity financing of up to $1.75 billion. > Harbinger Capital Partners > > Harbinger Capital Partners is a leading private investment fund based in > New > York with $10 billion in assets under management. The firm was founded in > 2001 and employs a fundamental approach to deep value and distressed > credit > investing. Harbinger is led by Philip A. Falcone, its Chief Executive > Officer, who has over 20 years of investment experience across an array of > market cycles. > > On Tue, Aug 10, 2010 at 1:07 AM, Blake Bowers <bbow...@mozarks.com> wrote: > >> http://www.lightsquared.com/about-us/ >> >> Anyone following these guys? >> >> >> Don't take your organs to heaven, >> heaven knows we need them down here! >> Be an organ donor, sign your donor card today. >> >> >> >> >> -------------------------------------------------------------------------------- >> WISPA Wants You! Join today! >> http://signup.wispa.org/ >> >> -------------------------------------------------------------------------------- >> >> WISPA Wireless List: wireless@wispa.org >> >> Subscribe/Unsubscribe: >> http://lists.wispa.org/mailman/listinfo/wireless >> >> Archives: http://lists.wispa.org/pipermail/wireless/ >> > -------------------------------------------------------------------------------- > > > -------------------------------------------------------------------------------- > WISPA Wants You! Join today! > http://signup.wispa.org/ > -------------------------------------------------------------------------------- > > WISPA Wireless List: wireless@wispa.org > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
