Sprint Puts Investment in LightSquared on Hold [telecom]

Jan 07, 2012 0 Replies

Sprint Puts Investment in LightSquared on Hold, Hesse Says



Jan. 5 (Bloomberg) -- Sprint Nextel Corp. put its investment in a partnership with LightSquared Inc. on hold as the wireless venture seeks an operating license from U.S. regulators, Sprint Chief Executive Officer Dan Hesse said.



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