LightSquared Relaunches as an IoT Network
Published on: 17th Feb 2016
Note -- this news article is more than a year old.
USA based LightSquared, which had aimed to launch a wholesale LTE network until it was bankrupted by complaints from GPS manufacturers, has relaunched itself as an IoT network.
The company has also rebranded as Ligado Networks.
In discussing the transition to the new brand, chief executive officer Doug Smith explained the company's efforts to turn the page since emerging from bankruptcy last year. "This is a really exciting time for the new company, and we remain committed to making continued progress with all stakeholders in a cooperative way."
"Ligado means being connected and ready to go," Smith noted. "As our lives become more mobile in an increasingly connected world, the Ligado Networks brand underscores our mission to provide the mobile connections that support a growing variety of emerging applications."
Smith and Ligado's Board of Directors, which is chaired by former Verizon CEO Ivan Seidenberg, envision the company's mid-band spectrum as a catalyst for continued innovation and advancement in mobile connectivity.
Smith pointed out, "As an example, when we look at the Internet of Things, it's not just Things; the real keys to success are the connections between those Things as well as the quality of that connectivity. In order to accelerate delivery of innovative services in such verticals as healthcare, automotive, industrial, shipping, home, and municipal sectors and to more broadly fulfill the promise of next-generation mobile networks, more mid-band spectrum is needed. Mid-band spectrum is part of the solution to deliver ultra-reliable, highly-secure, and capacity-rich connectivity.
Over the coming months, Ligado Networks is focused on making continued progress with industry and government stakeholders to advance the regulatory process for bringing its mid-band spectrum to market. The company recently filed a plan with the FCC seeking public comment on technical co-existence agreements reached with several GPS companies and requesting the FCC's consideration of the company's proposal to bring more mid-band spectrum to market for mobile broadband use.