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Dish said to abandon $2.2B takeover bid for LightSquared

Satellite TV provider will officially pull out of the race for the troubled wireless service provider as early as Thursday, the Wall Street Journal reports.

By January 8, 2014


Private equity firm to buy LightSquared

The Wall Street Journal reported Wednesday that the private equity firm Centerbridge Partners has a tentative deal to buy wireless broadband provider LightSquared out of bankruptcy in a deal worth $3.3 billion.

By December 11, 2013


Finally, some good news for LightSquared and its 4G hopes

The FCC gives LightSquared the go-ahead to test a spectrum-sharing plan with a U.S. agency as it fights to build its nationwide wireless broadband network to compete with AT&T and Verizon Wireless.

By May 3, 2013


Dish said to bid $2B for Lightsquared spectrum

Dish's future networking portfolio could grow quite quickly based on a new report that the satellite TV provider is going after the bankrupt wireless venture's spectrum.

By May 20, 2013


LightSquared tries to keep its 4G LTE dream alive

The startup that won't give up recently filed a new proposal to the FCC to revive its plan for building a nationwide 4G LTE network to compete with AT&T and Verizon Wireless.

By October 2, 2012


LightSquared reportedly reaches agreement on bankruptcy loan

Hedge funds want severe restrictions on the wireless satellite company's proposed use of $190 million.

By June 12, 2012


Wireless venture LightSquared files for bankruptcy

The bankruptcy filing marks an end to an ambitious attempt to create an upstart provider of 4G LTE wireless services.

By May 14, 2012


LightSquared's Falcone to step aside from role at company

The move is designed to keep the foundering wireless broadband effort from defaulting on debt, people familiar with the matter tell The Wall Street Journal.

By April 29, 2012


Lights dim further on LightSquared

The company now faces possible bankruptcy as its options for survival dwindle and the one agency that could save it focuses on other spectrum-related matters.

By April 5, 2012


LightSquared continues to fight for survival

LightSquared, the beleaguered wireless operator, is not giving up on its plans to build a nationwide 4G LTE network. And it's calling on the FCC to take action.

By March 16, 2012