LightSquared Says New Plan Proves ‘Engineering Solution’ To GPS Problem Possible

Dec 14 2011 | 3:54am ET

Harbinger Capital Partners’ proposed wireless Internet venture when on the offensive yesterday in the wake of a devastating report on government tests.

LightSquared said yesterday that it would delay one planned power increases for its receivers and abandon another entirely as it seeks to mitigate interference with global positioning systems. The move comes days after the results of recent government tests were leaking, showing that LightSquared’s system interfered with 75% of tested GPS devices.

LightSquared took issue with those results, arguing that a proper analysis of the tests indicates that only 15% of GPS devices suffered interference, and even those were “completely operable with no impact on the user’s experience.” The company is also demanding an investigation into the leak.

LightSquared said its new power-increase plans demonstrate “that an engineering solution to the interference issues with GPS devices is possible.”

The company’s opponents remain unconvinced. “LightSquared insists on using its own self-serving definition of what constitutes harmful interference,” Dale Leibach of the Coalition to Save Our GPS said.


In Depth

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...