Why The U.S. Needs DisasterProof Networks Like Japan's Lightsquared failed wireless venture files for bankruptcy Falcone's LightSquared Wireless startup seen imminent sources LiqhtSquared Moves Toward Bankruptcy Filing RIM Hires Two New Chiefs Gets Extension Falcone Agrees To Step Aside Lenders Pressure Pays Inmarsat $56 Million Resolve Default Chapter 11 Falcone’s Bet Collapses Into troubled reports Files edges closer to filing Exclusive Icahn sells debt creditors extend talks

Lightsquared, failed wireless venture, files for bankruptcy LightSquared Inc. filed for bankruptcy after its plan to deliver high-speed wireless to as many as 260 million people ran afoul of U.S. regulators. LightSquared Files Chapter 11 "To Resolve Regulatory Issues" LightSquared files for bankruptcy, saying it needs protection from creditors trying to make a quick profit. LightSquared Implements Voluntary Chapter 11 Restructuring LightSquared announced today that it commenced voluntarily reorganization cases under Chapter 11 of the U.S. Bankruptcy Code to give it time to resolve regulatory issues that have prevented it from building its coast-to-coast integrated satellite 4G wireless network. LightSquared files for bankruptcy Unable to reach a deal with its lenders, upstart wireless carrier LightSquared filed for bankruptcy Monday. LightSquared bankruptcy seen imminent: sources LightSquared Inc , the startup telecommunications company bankrolled by hedge fund manager Philip Falcone, is expected to file for bankruptcy protection in the next hours, sources familiar with the matter ... LightSquared, failed wireless startup, files for bankruptcy LightSquared Inc. filed for bankruptcy after its plan to deliver high-speed wireless to as many as 260 million people ran afoul of U.S. regulators LightSquared files for Chapter 11 bankruptcy LightSquared on Monday filed for Chapter 11 bankruptcy after its planned high-speed wireless network was derailed by regulators, Bloomberg reported. The company's data network would have covered as many as 260 million users, however it failed to gain approval from federal regulators. The FCC blocked LightSquared's LTE network in February due to concerns surrounding interference with GPS systems ... LightSquared Declares Bankruptcy After GPS Worries Sank Its Mobile Dream LightSquared, the startup that planned a nationwide wholesale mobile network only to be shot down by regulators because of GPS interference concerns, is... LightSquared Files for Chapter 11 Bankruptcy Protection LightSquared filed for bankruptcy protection, hours ahead of the expiration of a deal to keep the venture from defaulting on its debt. Wireless startup LightSquared files for bankruptcy LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.
Key Words: lightsquared

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