Statement by Terry Neal, Senior Vice President Public Relations and Communications at LightSquared

RESTON, Va., Nov. 8, 2011 /PRNewswire-USNewswire/ -- It's been a few days since Trimble and other corporate interests that make up the Save Our GPS Coalition tried to grab headlines without saying anything new. Today – one day before the PNT Advisory Board meeting – the coalition reiterated its old demand that it be allowed to continue to sell devices and turn a profit using adjacent spectrum for free that is licensed to LightSquared.

The GPS manufacturing industry has failed to invest in proper design of its devices so that it could continue to enjoy the free benefit of using spectrum that is allocated to LightSquared – as if having free use of government-owned GPS spectrum for the last three decades wasn't enough. Now the industry is demanding that the government formally expropriate part of LightSquared's spectrum – worth billions of dollars – and turn it over to the GPS industry in perpetuity.

The industry has for months tried to argue that the interference issue was an unsolvable physics problem and that LightSquared should never be allowed to deploy at all. The industry's assertion has been dramatically laid bare by the private marketplace, which has already produced three viable solutions to the high-precision interference problem in the "lower 10."

Yet despite the fact that LightSquared has already spent upward of $160 million on technology mitigating an interference problem that is not of its making, the prosperous GPS manufacturing industry is demanding that it never have to spend any money on innovation that will allow GPS to exist simultaneously with LightSquared as we seek to invest 14 billion in private dollars to accomplish the bipartisan public policy goal of bringing more choice, greater access to technology and lower prices to American consumers.

We continue to be in conversation with relevant government agencies about all of these technical issues.

Today's filing by the coalition is little more than a land grab designed to reward spectrum squatters who have failed to innovate their technology.

About LightSquared
LightSquared's mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services – at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared's network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com, www.facebook.com/LightSquared and www.twitter.com/LightSquared.

Forward Looking Statement
This release contains forward-looking statements and information regarding LightSquared and its business. Such statements are based on the current expectations and certain assumptions of LightSquared's management and are, therefore, subject to certain risks and uncertainties. The forward-looking statements expressed herein relate only to information as of the date of this release. LightSquared has no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release, nor is there any assurance that the plans or strategies discussed in this release will not change.

SOURCE LightSquared

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