Nothing surprising since this outcome was expected, Slashdot runs a story named?FCC Bars LightSquared From Using Airwaves.
Their summary: "A proposed wireless broadband network that would provide voice and Internet service using airwaves once reserved for satellite-telephone transmissions?should be shelved because it interferes with GPS technology,?the Federal Communications Commission?said Tuesday. The news appears to?squash the near-term hopes for the network?pushed by LightSquared, a Virginia company that is majority-owned by Philip Falcone, a New York hedge fund manager.?LightSquared, naturally, continues to?deny that the interference is real."
This seems to be the end of the LightSquared debacle which started over a year ago.
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