Posted Dec. 10, 2011 at 10:38 a.m.

Premium Lock Satellite service could cut mobile data costs 50%

Published: 2011-12-10 10:38:30
Updated: 2011-12-10 10:38:30

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LightSquared LightSquared

However, LightSquared, backed by billionaire Philip Falcone, faces challenges from makers of global-positioning system devices who say the service will disrupt navigation by cars, boats, tractors and planes.Copyright 2013 Bloomberg. All rights reserved.

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