RESTON, Va., Feb. 14, 2012 /PRNewswire/ -- In response to the NTIA's recommendation to the FCC today regarding LightSquared's network, the company said it remains committed to finding a resolution with the federal government and the GPS industry to resolve all remaining concerns. LightSquared is confident that the parties will continue the on-going efforts to explore all engineering options and alternatives to find a solution to this difficult issue.
The NTIA's recommendation relied on the flawed conclusions of the PNT ExCOM about LightSquared's potential impact on GPS.
LightSquared profoundly disagrees with both the NTIA's and the PNT's recommendations, which disregard more than a decade of regulatory orders, and in doing so, jeopardize private enterprise, jobs and investment in America's future. NTIA relies on interference standards that have never been used in this context, and were forced by the GPS community in order to reach the conclusions presented today. This, together with a severely flawed testing process that relied on obsolete and niche devices, shows that the FCC should take the NTIA's recommendation with a generous helping of salt. Despite LightSquared's success in finding technical solutions and the acknowledgement by a senior government official that GPS receivers are specifically designed to rely on spectrum licensed to LightSquared, it is extremely disappointing that this recommendation was made today.
LightSquared recognizes, however, that this is just one step in the process, and it remains committed to working toward a resolution. The final regulatory decision rests now with the FCC, which is the proper authority to resolve this issue. The company fully expects the agency to recognize LightSquared's legal rights to build its $14 billion, privately financed network. There is no question that an America where both the GPS industry and LightSquared's network can co-exist is a stronger one for any administration that believes in competitive markets and job growth.
LightSquared's mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services—at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared's network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com, www.facebook.com/LightSquared and www.twitter.com/LightSquared.
This release contains forward-looking statements and information regarding LightSquared and its business. Such statements are based on the current expectations and certain assumptions of LightSquared's management and are, therefore, subject to certain risks and uncertainties. The forward-looking statements expressed herein relate only to information as of the date of this release. LightSquared has no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release, nor is there any assurance that the plans or strategies discussed in this release will not change.