This Associated Press (AP) summary really has everything you need to know, re: the just-announced LightSquared national 4G wireless broadband network, set to launch next year in Las Vegas, Phoenix, Denver and Baltimore. Private-equity firm Harbinger Capital Partners is setting the whole thing up with the help of recent Motorola wireless infrastructure assets aquiree Nokia Siemens. The $7 billion deal reprents huge inroads into the U.S. for 4G and, particulary, LTE.
We'll, it's not like we weren't warned. It's no secret that 4G wireless is going to be huge, at least until 5G rolls around. Think it couldn't happen? Well...maybe it couldn't? So is that why this whole LightSquared deal is feeling so disruptive? Because, 4G really is going to permanently reside at that level of "key"?
One thing's for sure: it sure does now look to be the summer of the great 4G - LTE versus WiMax conflagration (ed note: perhaps in keeping with the blistering, freakish heat wave we've been experiencing -- I mean, if this is the deal, then why not solar energy?) And never mind just this year -- the wireless broadband explosion has long looked like it has potential to be one of the hugest technology stories of the entire decade. Might even say you could bet on it.
Or, maybe not.
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