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Sprint Announces LightSquared Partnership, Posts Higher Loss

Struggling mobile provider *Sprint* Nextel announced a 15-year partnership with LightSquared on Thursday, the wireless venture backed by bil… Read More »

Falcone’s LightSquared Raises Another $265 Million Amid FCC Uncertainty

LightSquared, the upstart wireless broadband company, has raised $265 million in addition to the nearly $3 billion that hedge fund titan Phi… Read More »

 
 

Hedge Fund Manager Falcone’s Big Bet On Wireless Broadband

Investors in the Harbinger’s hedge fund are increasingly uncomfortable with Philip Facone’s obsession with building a high-speed wireless br… Read More »

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