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Submission + - F.C.C. Bars Lightsquared from Using Airwaves (

mc6809e writes: A proposed wireless broadband network that would provide voice and Internet service using airwaves once reserved for satellite-telephone transmissions should be shelved because it interferes with GPS technology, the Federal Communications Commission said Tuesday. The news appears to squash the near-term hopes for the network pushed by LightSquared, a Virginia company that is majority-owned by Philip Falcone, a New York hedge fund manager.
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F.C.C. Bars Lightsquared from Using Airwaves

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What this country needs is a dime that will buy a good five-cent bagel.