Bankrupt LightSquared pitches another plan

Wireless venture LightSquared, which filed bankruptcy in May, is seeking approval for a plan that will allow it to share airwaves with federal agencies. In filings with the Federal Communication Commission, the company says this will solve the technical problems that prevented the launch of its nationwide 4G network. A report at The Hill notes that the FCC granted the company a conditional waiver to move forward in 2011, but the agency blocked the network earlier this year after tests showed its cell towers would interfere with critical GPS devices, including those used by pilots.

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