Wireless broadband network set to launch next year

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Farrar said it’s also not clear if Harbinger will be able to raise the billions needed to build out the network, and other expenses.

“It’s going to be very interesting to see where this money comes from,” Farrar said.

Tom Surface, a spokesman for LightSquared, said the company “will evaluate our funding needs as we develop and grow our business.”

LightSquared’s CEO is Sanjiv Ahuja, who was CEO of French cell phone company Orange from 2004 through 2007. He then founded a company that started wireless service in Pakistan and Bangladesh.

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