LightSquared looks for $3.5bn, says it can fix GPS matter

By Greg Bensinger, Dow Jones Newswires Wholesale mobile network operator insists it has cash on hand to build out 40000 base stations. Billionaire Phil Falcone's LightSquared wireless venture will need to raise $ 3.5 billion to be cash-flow positive …See all stories on this topic » Google Alerts – intitle:gps -intext:Gap -intext:GP -intext:health -intext:doctor Note: […]

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