Qualcomm, which recently conceded its Flo TV service isn't a workable idea, has signed up to play with another player whom some believe has an unworkable idea: LightSquared. The chipmaker said it has "developed an advanced satellite air interface technology" that makes its LTE chips compatible with the L-Band satellite technology being used by LightSquared.
Also on tap for the company that is aggressively pursuing the build out of another nationwide wireless network, is a deal with Nokia to build "branded, data-centric products" for its anticipated customers. This is hardly a surprise since Nokia Siemens Networks' has the rich contract to build out LightSquared's networks.
So why should cable care? As the industry's 4G venture with Clearwire (Nasdaq: CLWR) gets shakier by the moment (Clearwire needs more money, cable's not ponying up), LightSquared's 4G wholesale network becomes an attractive alternative. It, like the whole LightSquared venture, is worth watching.
- see this news release
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