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Lightsquared 
31 posts and columns on Lightsquared
Voices
Ergen Bids $2 Billion for LightSquared Spectrum
Satellite mogul Charlie Ergen bid $2 billion for certain spectrum from LightSquared Inc., the wireless venture spearheaded by financier Philip Falcone that is currently navigating bankruptcy proceedings, said people familiar with the offer.Voices
Showdown Looms Over LightSquared Wireless Venture
A hedge fund with ties to satellite mogul Charlie Ergen is headed for a bankruptcy-court showdown with Wall Street financier Philip Falcone over the fate of his LightSquared Inc. wireless venture, opening up yet another front in the battle for ownership of the airwaves needed to launch future mobile networks.Voices
LightSquared Files for Chapter 11 Bankruptcy
LightSquared Inc. filed for Chapter 11 bankruptcy protection Monday, hours ahead of the expiration of a deal to keep hedge-fund manager Philip Falcone’s venture from defaulting on its debt.Voices
LiqhtSquared Moves Toward Bankruptcy
Hedge-fund manager Philip Falcone’s LightSquared Inc. venture is preparing for a potential bankruptcy-protection filing, as negotiations with lenders to avoid a potential default faltered, according to people familiar with the matter.Falcone Agrees to Step Aside
Hedge-fund manager Philip Falcone agreed to step aside eventually as the public face of his LightSquared Inc. venture, a concession that may keep the wireless-telecommunications company from defaulting on its debt, people familiar with the negotiations said.Voices
LightSquared Lenders Pressure Falcone
Some of LightSquared Inc.’s lenders want hedge-fund manager Philip Falcone to step aside as the public face of the wireless communications firm as a condition for avoiding a looming debt default, said people familiar with the matter.Voices
LightSquared Pays Inmarsat $56 Million to Resolve Default
Billionaire Phil Falcone’s wireless start-up, LightSquared Inc., made a $56.25 million payment to Inmarsat to resolve a default under their spectrum cooperation agreement, giving the troubled company more time to gain approval for a wireless service.Next Chapter in LightSquared Saga Could Be Chapter 11
Backer Phil Falcone says the company may consider a voluntary bankruptcy filing as it figures out what to do after regulators thwarted its wireless network plans.
Sprint Officially Cuts Ties With LightSquared
The wireless carrier will return $65 million in prepayments that had been made by LightSquared in anticipation of doing business together.
LightSquared Lawyers Up
LightSquared hires former Bush administration solicitor general Ted Olson and Eugene Scalia, son of Supreme Court Justice Antonin Scalia, to save its network.