Saturday, March 17, 2012

LightSquared, With Zombielike Persistence, May Try to Overturn FCC Ruling

NEWS ANALYSIS: Billionaire investor Philip Falcone has hired high-profile Washington, D.C., lawyers in a last-gasp effort to build LightSquared's network. The question is whether they will try to overturn the FCC's ruling. - In a legal Hail Mary that seems unlikely to produce
positive results, Philip Falcone, the billionaire investor behind the
LightSquared broadband data service, has hired two of Washington's highest
profile lawyers to try to overturn the Federal Communications Commission's decision
not to let the ...


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