LightSquared Gets Politicians to Beg for Spectrum Swap > A better solution

reply to ISurfTooMuch

Re: A better solution

This isn't working because the spectrum they bought dirt cheap isn't worth anything. Nobody wanted it in the first place -- that's why it was cheap. Now, they cannot MAKE someone take it.

LightSquared doesn't need anyone to "take" the spectrum allocation. I imagine the allocation will be sold off for pennies during bankruptcy proceedings or else returned to the FCC for re-purposing.

My response was aimed at LightSquared leveraging Congressional representation to encourage decision makers to reallocate useful spectrum to LightSquared.