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Lightsquared In Talks With Cablevision, Others
Deal Could Bring LTE Service to Cable Subscribers
by Karl Bode Monday 28-Mar-2011 tags: business · alternatives · cable · Cablevision · wireless
Last week we noted that Time Warner Cable was in talks with upcoming LTE network operator Lightsquared about a deal that could bring LTE services to Time Warner Cable customers. With Clearwire's future hazy after the departure of several top executives, Time Warner Cable could be looking to expand their Clearwire offering, or they could be looking to replace it altogether. Another anonymous source insists that Lightsquared is also in talks with Cablevision about a deal that could bring LTE service to Cablevision customers as well. Meanwhile, Lightsquared CEO Sanjiv Ahuja says the company is in talks with 15 companies interested in using their network when and if built.

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Lightsquared money source - Harbinger Capital Partners

Harbinger Capital Partners is the main source of funds for the Lightsquared venture. But they took a big hit in the recession starting in 2008 and saw their portfolio shrink from $26 billion to $9 billion. Without FCC approval and waivers for GPS interference issues, this venture is fairly risky. So, while we keep reading about all the leaked deals and grandiose timelines for rollout, this is still a venture that may never happen.

»www.lightsquared.com/about-us/our-investor/
»www.harbingercapital.com/html/about.html
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sonicmerlin

join:2009-05-24
Cleveland, OH
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Random Thought

Wouldn't it be great if Clear separated from Sprint, the FTC rejected AT&T's takeover bid of T-Mobile, and MetroPCS merged with a bunch of the other small carriers and went national.

We've have so much great competition. Ah well... pipe dreams.
gruntlord6

join:2010-06-10
Barrie, ON
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Re: Random Thought

said by sonicmerlin:

Wouldn't it be great if Clear separated from Sprint, the FTC rejected AT&T's takeover bid of T-Mobile, and MetroPCS merged with a bunch of the other small carriers and went national.

We've have so much great competition. Ah well... pipe dreams.

Recent events have made it abundantly clear that clear is not cut out to run on its own, not only that, but it has a severe lack of capitol.
tmc8080

join:2004-04-24
Brooklyn, NY
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timing

just seems like the right time to push for this given an at&t merger with tmobile hanging in the balance (if there ever is a right time for a cable company to become a wireless carrier). still, I feel cablevision couldn't pull it off themselves (a national footprint in combination with LS). it would have to get the other top two companies involved: comcast and time warner onboard.

Dr Demento
I Vant Blud

join:2002-01-02
Denville, NJ

Re: timing

said by tmc8080:

just seems like the right time to push for this given an at&t merger with tmobile hanging in the balance (if there ever is a right time for a cable company to become a wireless carrier). still, I feel cablevision couldn't pull it off themselves (a national footprint in combination with LS). it would have to get the other top two companies involved: comcast and time warner onboard.

Cablevision, Comcast and Time Warner already have an agreement to share Wifi hotspots. I don't see why they can't setup a similar arrangement with LTE, especially if they're licensing the service from the same provider.
tmc8080

join:2004-04-24
Brooklyn, NY
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Re: timing

said by Dr Demento:

Cablevision, Comcast and Time Warner already have an agreement to share Wifi hotspots. I don't see why they can't setup a similar arrangement with LTE, especially if they're licensing the service from the same provider.



The costs for a national network are into the 100+ million range easily. To get a serious competitor to the wireless carrier business it would need the funding and logistics (ip backbone support) of more than one cable company. Who wouldn't want an unlimited digital voice & 4g data plan on any smart phone/mifi device you wanted for $29.95? You don't even see sprint offering that... Boost Mobile "bill shrinkage" after 18 months is $35

Now the hard part.. making AT&T wait 3-5 years while this gets built.

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