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LightSquared's GPS fix could cost industry $400M

The initial story inaccurately attributed the $400 million cost to LightSquared. The figure was based off a calculation of the number of GPS precision devices in the U.S. times the highest possible cost of a filter, both supplied by the company.

The initial story inaccurately attributed the $400 million cost to LightSquared. The figure was based off a calculation of the number of GPS precision devices in the U.S. times the highest possible cost of a filter, both supplied by the company. Read the updated story here.