Tech Culture: Reporters' Roundtable Ep. 111: Lightsquared and the spectrum mess32:43 /
How do you throw away $4 billion? Buy spectrum you can't use. That seems to be what Lightsquared did, once the FCC revoked a license that would have let the company build a new nationwide wireless broadband network. Today, Rafe discusses with CNET editors Roger Cheng and Maggie Reardon what happened here, why, and what it means for consumers.