Thursday, September 15, 2011
Lightsquared says it has a revolutionary approach to cutting cellular wireless costs; talks with Time Warner
Here’s a Washington Times story today about LightSquared (you know, E=MC-squared), which says it is close on a global wireless network which it says would be at least 30% cheaper for cell phone and Internet users, and supply Internet (through a kind of cellular wireless already popular with business) everywhere. It claims that the network will not interfere with GPS and military devices, but that has been a major stumbling block so far.
The technology is based on an unused portion of the frequency spectrum.
The company is located in Reston VA, near Dulles Airport.
The link for TWT story is here.
There is also a story that Time Warner Cable is interested in acquiring Lightsquare.