After emerging from Chapter 11 bankruptcy protection late last year, US would-be 4G wholesale start-up LightSquared has announced that it has rebranded as Ligado Networks. Confirming the name change, CEO Doug Smith commented: ‘Mid-band spectrum is part of the solution to deliver ultra-reliable, highly-secure, and capacity-rich connectivity … We are all about connectivity, and we are working with industry and government stakeholders to increase the supply of available spectrum. This work represents a critical and first step toward our company’s efforts to bring next-generation connectivity to market’. While the company’s new area of focus remains unclear, it seems apparent that Ligado will move away from its planned 4G wholesale business model, and instead seek to operate within the Internet of Things (IoT) sector.
As previously reported by TeleGeography’s CommsUpdate, in February 2012 the FCC declared that LightSquared’s use of non-traditional frequencies in the 1.4GHz and 1.6GHz bands interfered with GPS satellite navigation devices and aircraft flight safety equipment. Subsequent months saw the stricken company beset with myriad financial and legal problems, before being forced into bankruptcy in May 2012. Prior to its regulatory woes, LightSquared sought to build out a nationwide hybrid-LTE network using terrestrial and satellite spectrum capacity.