Become a fan of Slashdot on Facebook


Forgot your password?
Slashdot Deals: Cyber Monday Sale! Courses ranging from coding to project management - all eLearning deals 25% off with coupon code "CYBERMONDAY25". ×

Submission + - LightSquared Files Bankruptcy (

fallen1 writes: Apparently, there actually was too much interference for LightSqaured to continue operations. In filings with U.S. Bankruptcy court, it was revealed that LightSquared had assets and debts of over $1 billion each. The decision followed a year-long fight with between LightSqaured and GPS users — including some heavyweights like FedEx and UPS.
Apparently Boeing and Alcatel-Lucent are heavily invested but it would be interesting to see what the old Bell Labs could do with the technology.

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

LightSquared Files Bankruptcy

Comments Filter:

Pound for pound, the amoeba is the most vicious animal on earth.