Clearwire sign of danger? LightSquared reportedly talking with Sprint

Bloomberg BusinessWeek reports that 4G/satellite wireless wholesaler LightSquared is cozying up with Sprint (NYSE: S) in an effort to more quickly build out a nationwide network. According to the reports, LightSquared is about using Sprint's cell sites and equipment.

The deal could prove interesting for Sprint's majority-owned 4G network provider Clearwire (Nasdaq: CLWR), if for no other reason than another national 4G wholesaler could steal away cable operators such as Clearwire partners Comcast (Nasdaq: CMCSA), Time Warner Cable (NYSE: TWC-WI) and Bright House Networks who have been unwilling to pour more funds into the venture.

Of course as with any tangled wireless Web, there's something to gum up all the speculation. The FCC is reportedly investigating claims that LightSquared's signals "overpower and jam GPS signals within several miles." This means more than just drivers getting lost on the highway--although that's pretty bad. Air traffic control towers and ship navigation also rely on GPS.

For more:
- see this story

Related articles:
Analysts: Sprint prepared to buy out some Clearwire partners
LightSquared agrees to solve GPS interference issues
Up in the sky, it's a LightSquared bird

Suggested Articles

Increased internet speeds will outpace premises WiFi capabilities, category cables can deliver the high speed and low latency demanded by consumers.

After announcing a deal to integrate the Amazon Prime Video app earlier this year, Virgin Media said that service is now available to millions of its TV…

NCTA-The Internet and Television Association is pointing to a new report that shows the cable industry had a $450 billion impact on the U.S. economy in 2018.