Sprint S today issued the following statement regarding the spectrum
hosting agreement it signed with LightSquared in June 2011. Per the agreement,
Sprint agreed to deploy and operate an LTE network capable of utilizing the
1.6 GHz spectrum licensed to or available to LightSquared. The agreement
contained contingencies related to possible interference issues with
LightSquared's spectrum, including Sprint's right to terminate the agreement
if certain conditions were not met by LightSquared.
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