LightSquared CEO resigns, casting shadow on 4G plans
LightSquared CEO Sanjiv Ahuja has stepped down as the company's chief executive officer.
The decision, announced this morning, does not shed much light as to exactly why Ahuja resigned, but reports have already circulating suggesting it has to do something with the Federal Communication Commission's move to block the launch of its 4G network.
In November, Ahuja spoke at the Open Mobile Summit in San Francisco, arguing that there is a disparity between demand for data and the amount of available spectrum, and that the United States is not ready to handle those problems.
Nevertheless, Ahuja will continue … Read more