Aspiring wireless carrier
LightSquared has seen better days ? they?ve had their FCC approval for a network rollout revoked, slashed their work force by
45%, and lost their CEO in just over a month?s time. 2012 isn't shaping up to be a banner year for the beleaguered company, but according to a report from
Bloomberg, LightSquared is on the verge of losing Sprint's support as critical network partner too. The news of Sprint looking to bail out of the deal shouldn't come as much of a shock to LightSquared, as Sprint essentially issued them a six-week extension/ultimatum at the end of January.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/JMskK5zCghY/
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