LightSquared, a company hoping to create a $14 billion nationwide 4G network, has hit a major speed bump with the U.S. government. Testing on behalf of the Department of Defense, the Federal Aviation Administration and some GPS providers found that LightSquared’s proposal would interfere with the performance of 75% of GPS systems. LightSquared responded to the report, stating its conclusions were inaccurate.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and the CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and CNBC and writes a popular daily business blog. He’s the Co-Host of the award-winning podcast Techstream with Shelly Palmer & Seth Everett and his latest book, Blockchain - Cryptocurrency, NFTs & Smart Contracts: An executive guide to the world of decentralized finance, is an Amazon #1 Bestseller. Follow @shellypalmer or visit shellypalmer.com.