JuliusGenachowski | GIZMODO.cz

Remember LightSquared? Of course you do, it was the noble yet doomed attempt to build a nationwide 4G LTE network. Days before Sprint dumped it, billionaire Philip Falcone's enterprise defaulted on a $56 million spectrum allocation payment to British satellite operator Inmarsat. Now LightSquared's biggest creditor has offered a stay of execution to give the company time to overcome the regulatory hurdles (we'd suggest praying Julius Genachowski gets another job elsewhere) and get the project back on track. Cynics might suggest it's only been given the breathing room because it's not worth being pushed into Chapter 7 bankruptcy, to which we say shame on you, you naughty cynics.

Continue reading Inmarsat hands LightSquared a lifeline, hopes to get that $56 million back later

Inmarsat hands LightSquared a lifeline, hopes to get that $56 million back later originally appeared on Engadget on Fri, 20 Apr 2012 13:36:00 EDT. Please see our terms for use of feeds.

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If you've ever mistaken your wireless bill for your phone number, only to discover a dollar sign in front of all those digits, you're far from alone. The CTIA estimates that one in six mobile subscribers have experienced bill shock, but thanks to the efforts of the nation's wireless carriers -- along with a bit of help from the FCC -- consumers will start to receive notifications of any potential overages, along with alerts when the threshold has been crossed. The program is still in its infancy, but the FCC has launched a website to track wireless carriers' implementation of the notification system, which will alert consumers to any voice, data, SMS or international roaming charges. Carriers have until October 17th to have alerts for at least two of these categories in place, and will have until April 17th of next year to implement all four. Consumers may track the monthly progress of individual carriers at the FCC's bill shock website, but for a current peek at their progress, just hop the break.

[Bill shock photo via Shutterstock]

Continue reading FCC begins tracking wireless carriers' implementation of bill shock notifications

FCC begins tracking wireless carriers' implementation of bill shock notifications originally appeared on Engadget on Thu, 19 Apr 2012 19:03:00 EDT. Please see our terms for use of feeds.

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