Philip Flacone
Kevin Wolf/AP
Billionaire Philip Falcone’s LightSquared Inc. reached a 15-year deal with Sprint Nextel Corp. (S) to share network expansion costs and equipment, and to provide high-speed wireless service to the phone company.
Billionaire Philip Falcone’s LightSquared Inc. reached a 15-year deal with Sprint Nextel Corp. (S) to share network expansion costs and equipment, and to provide high-speed wireless service to the phone company.