-
Dish dumps its bid for LightSquared
Dish Network’s courtroom dance with LightSquared appears to have concluded. Reuters reports that the committee overseeing LightSquared’s bankruptcy auction confirmed Dish has withdrawn its $2.2 billion bid for the company, leaving its controversial L-band spectrum on the table. Dish has other options when it comes to building a mobile broadband network, and now LightSquared’s owners — who opposed Dish’s involvement — appear to be free to pursue their plan to lobby the FCC for relief, assuming the court plays ball.
http://gigaom.com/2014/01/09/dish-dumps-its-bid-for-lightsquared/
Log in to reply.