Lightsquared is dead (these are the guys who wanted to build a low-priced fiber network)

[naaman fletcher]

9. So, do I have this right?

There is a certain spectrum for GPS, and a certain spectrum for Lightsquared.

Lightsquared wants to operate entirely in it's own spectrum.

GPS manufacturers have for years made a shoddy product that is subject to interference from the spectrum next to it. They could have made a product that is not subject to such interference, but chose not to. The FCC has said "hey, that's cool and all that you are going to operate in your own spectrum, and that you have told everyone for years what you plan to do, but the GPS companies are still making a crappy product, so tough luck?"

As a result, we don't get nationwide 4G coverage.

Is that right?