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LightSquared, Sprint Agree to 15-Year Network Accord
Posted: 20-Jun-2011 [Source: Bloomberg]

[LightSquared and Sprint reach 15-year deal to develop, deploy and operate LightSquared's 4G LTE network.]

By Gary Bensinger (Bloomberg) -- "Billionaire Philip Falconeā€™s LightSquared Inc. reached a 15-year deal with Sprint Nextel Corp. (S) to share network expansion costs and equipment, and to provide high-speed wireless service to the phone company."

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