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March 16, 2012
The principal business prop under the LightSquared plan for ancillary terrestrial component (ATC) broadcast of a powerful signal that would have disrupted GPS operations dropped out from under the company on March 16, as wireless carrier Sprint terminated its $9 billion agreement with LightSquared. LightSquared had several such partnership agreements, but the Sprint deal was the.... http://www.gpsworld.com/gnss-system/news/lightsquared-sprint-contract-terminated-business-case-gps-threat-ends-12761
