LightSquared’s Plan B: swap spectrum with the military
The Wall Street Journal is reporting that LightSquared is coming up with new options to stay alive in the wake of being dinged by the FCC this week. One idea is to trade its slice of the spectrum with a slice of similar size controlled by the U.S. military. The Department of Defense uses this one slice for aircraft testing and its located far away from GPS signals so Lightsquared would be operating in such a way that its signal wouldn’t interfere with GPS. The Journal leans on its old friend People Familiar WIth The Matter here.
Here are some known unknowns about this idea:
– Why the Department of Defense would want to go along with that
– If the DOD activities would also interfere with GPS
– How much this would cost LightSquared
– Where it would get that money
It makes you wonder what Plan C is going to be. Maybe it will involve coconuts and string.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.