LightSquared's bankruptcy odyssey is over. After spending nearly three years in bankruptcy protection, the wireless firm won approval for a new restructuring plan from a federal bankruptcy court judge and will get recapitalized. Critically, although Dish Network Chairman Charlie Ergen, LightSquared's largest creditor, will get paid in cash for his $1 billion debt claim in LightSquared, he will not be a part of the company's new capital structure.
The FCC today voted 5-0 to award Ericsson's Telcordia unit the five-year contract to manage the U.S. government's local number portability (LNPA) database, replacing Neustar, the previous LNPA administrator. The LNPA data helps phone subscribers keep their phone numbers when switching from one provider to another.
It seems as though everybody has something to say about the FCC's Notice of Proposed Rulemaking proposing new rules to address failures that led to 911 outages, even bringing together some wireless carriers that usually are at odds with one another.
ATLANTA--Sprint CEO Marcelo Claure advocated for a coalition of smaller carriers that are members of Competitive Carriers Association to be able to jointly bid with Sprint in the 600 MHz incentive auction.
The Bluetooth Special Interest Group backed up its previous assertions that terrestrial low power service interferes with Bluetooth with a series of more detailed reports filed with the FCC.
Delays, delays, nothing but delays... With the FCC once again suspending its regulatory review process, Comcast once more pushed back its expected close of its proposed $45.2 billion purchase of Time Warner Cable.
Verizon Wireless may have scored big in the FCC's recent $45 billion AWS-3 spectrum auction by securing more $10.8 billion in new spectrum in major markets. But one financial analyst believes that the operator is in dire need of more spectrum, because it has over 40 percent of the industry's postpaid customers on its network and controls less than 20 percent of available spectrum.
ATLANTA--T-Mobile US, Sprint and Dish Network continued to push for the FCC to reserve up to 40 MHz of spectrum for smaller carriers to bid on in the incentive auction of 600 MHz broadcast TV spectrum. The current reserve is capped at 30 MHz. Yet executives from those companies acknowledged that this is just one of many issues carriers, broadcasters and regulators will need to deal with in the months ahead as the early-2016 start date for the auction draws closer.
Tennessee has become the first state to pose a legal challenge to the FCC's move to overturn a state law that puts a limit on how far a municipal-run service provider can grow its network.
The FCC's net neutrality rules could undermine what is being proposed for 5G networks by the Next Generation Mobile Network (NGMN) Alliance and others. Who knows how very well 5G might enable development of other innovative new services, business models and pricing packages if it remains unshackled?