| LightSquared Wants to Swap Spectrum with DOD "NEW YORK (Dow Jones)--Philip Falcone's LightSquared may seek to exchange its wireless airwave licenses for similar ones operated by the U.S. Department of Defense, in a last-ditch effort to revive its fourth-generation mobile broadband service, according to people familiar with the company's plans.
The possible strategy comes a day after officials from the Federal Communications Commission said they planned to revoke a waiver allowing the network to operate because of interference concerns."
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