Lightsquared

• After giving LightSquared a mid-March ultimatum to get FCC approval, Sprint now says it may have to return $65 million to the wireless venture.
(CNET News)
• Billionaire Philip Falcone's effort to build a national wireless network was rejected by U.S. regulators, leaving him limited options to salvage value from his LightSquared Inc.
(Bloomberg)
• Feb. 15 (Bloomberg) -- The U.S. Federal Communications Commission vowed to block LightSquared Inc. after the Obama administration found the wireless venture backed by hedge-fund billionaire Philip Falcone would disrupt navigation gear.
(Businessweek)
• NEW YORK (MarketWatch) -- Sprint Nextel Corp.
(Marketwatch)
• Feb. 15 (Bloomberg) -- Billionaire Philip Falcone's effort to build a national wireless network was rejected by U.S. regulators, leaving him limited options to salvage value from his LightSquared Inc.
(Businessweek)
• IDG News Service - Though would-be mobile carrier LightSquared says it still wants to find a solution to interference with GPS, its options are limited, industry observers said on Wednesday.
(Computerworld)
• As Sprint Nextel Corp. Sprint Nextel Corp.
(The Business Journal)
• LightSquareds controversial plan to launch a new LTE network was dealt another blow yesterday when the Commerce Department found that the companys technology interferes too greatly with existing GPS systems.
(PC Magazine)
• NEW YORK (CNNMoney) -- LightSquareds plan to become a fifth major nationwide wireless carrier hit a major snag this week, after government regulators said they would continue to bar the company from launching its network.
(CNN Money)