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LightSquared gets satellite waiver

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expect the lawyers to appear on this

What LightSquared has accomplished here amounts to a "whitewashing" of their spectrum, effectively removing regulatory requirements for a satellite network. Expect a few lawsuits against the FCC and LightSquared from other current mobile operators. They paid dearly for their spectrum, and will probably offer to pay more for LightSquared's spectrum. Or at least that is what they'll claim.

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