Falcone’s Wireless Venture Is in Spectrum Talks
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Billionaire Philip Falcone’s LightSquared wireless venture is in advanced talks to lease its spectrum to U.S. technology companies and has reached agreements with device makers, Chief Executive Officer Sanjiv Ahuja said.
“We are talking to most of the wireless players,” Ahuja said in an interview in New York last week. “We want to serve every player in this industry, from the largest to the smallest,” including wireless, wireline and cable providers, as well as device makers and game manufacturers.