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Sprint gives LightSquared until March to get FCC approval by Marguerite Reardon |January 31, 2012 12:26 PM PST
Sprint Nextel said it will give LightSquared an additional six weeks to get approval to build its nationwide 4G LTE wireless network from the Federal Communications Commission or it will terminate its agreement with the company, according to Dow Jones Newswires.
A Sprint spokesman told Dow Jones that the company had given LightSquared until mid-March to resolve concerns that its network interferes with GPS receivers. Sprint had already given LightSquared a 30-day extension to get FCC approval at the end of 2011.
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Bill Horne