LightSquared nabs $265M for wholesale LTE 4G

A cool $265 million is being banked today by LightSquared, the first wholesale-only integrated 4G-LTE wireless broadband and satellite network in the United States. Over the last 12 months LightSquared has raised more than $2.3 billion.

Today’s capital comes from …

Goodbye unlimited data: Verizon tiered plans starting July 7

New Verizon customers will no longer have the option of choosing an unlimited data plan for their smart devices. The wireless carrier is rolling out new tiered data plans July 7, reports DroidLife.

Monthly plans for new customers start at …

Uh oh, LightSquared’s network is screwing with GPS

New government tests conducted by two separate agencies have concluded that LightSquared‘s mobile broadband network interferes with the signal on all GPS devices.

The news doesn’t bode well for the Virginia-based wireless startup company, which needs the Federal Communication Commission’s …

WSJ's Mossberg rips RIM, Samsung execs a new one

Top mobile device company executives obviously overestimated their ability to positively spin responses to hard-hitting questions from Wall Street Journal tech columnist Walt Mossberg, who moderated a panel discussion about new mobile device trends at the CTIA Wireless 2011 conference …