FCC decision to revoke its license "unsupported by law" says LightSquared
In its statement, LightSquared said that the GPS industry had known about LightSquared's FCC approval to build its land-based system. Thus, the company believes that it is up to the FCC to come up with a way to allow the company to move ahead with its plan to offer LTE 4G service and save money for Americans. Additionally, the company attacked the FCC for blocking its plan while another LTE system offered by DISH Network. After all of this heartache, LightSquared says it is still committed to using its spectrum "as repeatedly approved by the FCC, and remains willing to work with all interested parties to achieve a solution that best serves the broadband needs of millions of Americans across the nation." You can read the entire presser at the sourcelink.
source: LightSquared via Phonescoop