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LightSquared: FCC Broadband Approval Expected Soon

** Several reports suggest GPS signals could
be affected if the LightSquared plan goes
through**
Gemini Sparkle

Key Takeaways:

LightSquared, the company that is rolling out a nationwide broadband network operating in frequencies very near those of GPS, claims it is closing in on final approvals from the Federal Communications Commission after the successful completion of the latest round of interference testing.

The company said it believes the FCC will make a decision on its proposed network in the first quarter of next year, and will rule in its favor now that the majority of testing has been finished. LightSquared says it could launch its network within nine months of receiving government approval.

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