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Cablevision Said to Be in Talks to Use Falcone Wireless Network

Cablevision Systems Corp. is in discussions with Philip Falcone’s LightSquared Inc. about using the venture’s network to offer wireless services to its customers, according to a person familiar with the situation.

No deal has been reached, said the person, who declined to be identified because the negotiations are private. LightSquared, backed by Falcone’s Harbinger Capital Partners hedge fund, is building a wireless network with so-called fourth-generation technology to compete with AT&T Inc., Verizon Wireless and Clearwire Corp.