If the testing of LightSquared's new plan goes well, the company will be able to combine the 5 MHz of NOAA spectrum with another 5MHz of spectrum it already has access to for a total of 10 MHz of spectrum that can be used for its "downlink"network access. This downlink access provides connections from LightSquared wireless towers to subscriber handsets. This spectrum can then be paired with an additional 20 MHz of spectrum, the company is already authorized to use for "uplink" access. In total, this would give LightSquared 30 MHz of wireless spectrum nationwide that can be used to build its wireless broadband network, which is only 10 MHz shy of the amount of spectrum the company had planned to use in its original proposal. Under the new plan, LightSquared should still be able to cover about 95 percent of the network it had originally proposed to the FCC.
But then the GPS industry protested and moshi iglaze iphone x ultra slim case - taupe pink reviews put up an aggressive, political fight accusing the planned LightSquared network of causing irrevocable harm to the the GPS industry, LightSquared countered with proposals that would mitigate these interference issues, But the GPS industry was undeterred in its campaign to defeat the company, And in addition to its technical complaints, painted LightSquared as a company that had gotten special favors from the FCC, Meanwhile, during the entire debate, Chairman Genachowski did not defend the FCC's original stance, Instead, he kept quiet, even as some members of Congress tried to stand up for LightSquared, the agency remained mum, Eventually, the FCC gave into pressure and suspended LightSquared's waiver..
It's impossible to say whether Tom Wheeler, who was nominated by President Obama Wednesday to take over Genachowski's post as chairman, would have handled the situation differently. And it's difficult to predict if he will more vigorously defend LightSquared's efforts going forward. But Wheeler has been a strong supporter of getting more wireless spectrum into the market. Having served as head of the CTIA Wireless Association for 12 years and his experience on the FCC's Technological Advisory Council, he certainly understands the technical issues. And as a veteran in and around Capitol Hill, he also understands how to get things done politically in Washington.
Some LightSquared supporters believe that Wheeler is a likely ally for their cause, And they are hopeful that he sees the company's continued efforts to build its network as an opportunity not only to bring more spectrum onto the market, but also to help create more competition, Uncertain future, According to news reports, a hedge fund called Sound Point Capital, which has to Charlie Ergen, moshi iglaze iphone x ultra slim case - taupe pink reviews chairman of satellite TV provider Dish Network, now holds more than $600 million of LightSquared's $1.7 billion debt, Sound Point Capital Management LP is headed by Ergen's former banker, Stephen Ketchum..
The Wall Street Journal suggested in a story published in April that Sound Point Capital's extensive holdings in the company could mean more influence in the outcome of the bankruptcy. And the firm may force LightSquared's leading investor hedge fund mogul Philip Falcone from his control of the company. LightSquared's loan agreement forbids competitors, including Dish, from buying up the company's debt, the Wall Street Journal reported. And it's unclear if Dish itself is behind the purchase of debt. But it is a fact that Dish is also making a major play in the wireless market. The company got approval from the FCC in December to repurpose 40 MHz of satellite spectrum to build a wireless broadband network. And last month, the company made made public its intention to purchase Sprint Nextel. Japanese carrier SoftBank has already signed a deal to buy Sprint. The two companies may end up in a bidding war for the carrier.