http://www.blogcdn.com/www.engadget.com/media/2012/05/lonecelltower.jpg As expected, May 14th is indeed a dark day for LightSquared. The company has just filed court paperwork in order to initiate Chapter 11 bankruptcy proceedings, effectively killing its dream of providing a high-speed mobile wireless network to upwards of 260 million people.
Developing…
LightSquared officially files for Chapter 11 bankruptcy originally appeared on Engadget on Mon, 14 May 2012 14:24:00 EDT. Please see our terms for use of feeds.
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