LightSquared in 11th-hour effort to woo Washington [telecom]

By Jasmin Melvin

WASHINGTON | Tue Jan 10, 2012 7:26pm GMT

WASHINGTON (Reuters) - Telecom startup LightSquared is mounting a last-ditch effort to win U.S. regulatory approval for a new wireless network after being outmaneuvered by the GPS industry, which has spun doomsday scenarios of interference problems that could cause planes to fall out of the sky and threaten national security.

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