LightSquared's GPS fix could cost industry $400M
SAN DIEGO--It could cost the the GPS industry as much as $400 million for gear to protect its precision devices from interference caused by LightSquared's planned wireless network, although the company believes the figure will be ultimately be lower.
LightSquared Chief Marketing Officer Frank Boulben told CNET on Wednesday that there are roughly 500,000 commercial precision GPS devices in the U.S. He said his partner Javed GNSS has developed a device that costs between $300 and $800 and will protect GPS devices from such disruptions.
Boulben said Thursday that the cost could be dramatically lower, noting that … Read more