- Associated Press - Tuesday, July 20, 2010

NEW YORK (AP) - U.S. consumers and businesses are going to get more options in wireless service starting next year, with the launch of a new wireless broadband network that will provide competition to the incumbent phone companies.

Private-equity firm Harbinger Capital Partners on Tuesday revealed details of the launch of its wireless network, LightSquared, which aims to cover 92 percent of the population by 2015.

It’s a rare new entrant in the wireless market. LightSquared plans to start providing service in the second half of 2011 in Las Vegas, Phoenix, Denver and Baltimore.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide