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Light Squared may go into Bankruptcy - Falcone considering
Remember Light Squared? Terrestrial telecommunications around the GPS spectrum? Possible interference with GPS? O admin pushing it? AF General going public and saying it will interfere with GPS signals despite pressure not to?

Well, bankruptcy is being considered by investor Falcone, while the vultures circle.

Posted by: Alaska Paul 2012-04-07
http://www.rantburg.com/poparticle.php?ID=342352