https://tmfassociates.com/blog/2011/06/15/sprint-gets-more-security-or-does-it/ Satellites, spectrum and other stuff Tue, 03 Feb 2026 21:36:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 https://tmfassociates.com/blog/2011/06/15/sprint-gets-more-security-or-does-it/comment-page-1/#comment-671 TMF Associates MSS blog » E ? mc˛? Fri, 23 Sep 2011 19:17:54 +0000 http://tmfassociates.com/blog/?p=1995#comment-671 [...] At this point in time, confidence in LightSquared appears to be ebbing by the day (at least as evidenced by their first lien debt, which I’m told is now trading at 60 cents on the dollar, down from near par in June). However, that’s hardly surprising when their story on the GPS interference issues doesn’t come anywhere close to holding together under scrutiny, and it is far from clear whether their spectrum assets will ultimately have any value at all. [...] [...] At this point in time, confidence in LightSquared appears to be ebbing by the day (at least as evidenced by their first lien debt, which I’m told is now trading at 60 cents on the dollar, down from near par in June). However, that’s hardly surprising when their story on the GPS interference issues doesn’t come anywhere close to holding together under scrutiny, and it is far from clear whether their spectrum assets will ultimately have any value at all. [...]

]]> https://tmfassociates.com/blog/2011/06/15/sprint-gets-more-security-or-does-it/comment-page-1/#comment-643 TMF Associates MSS blog » Testing, 123 testing… Mon, 12 Sep 2011 19:44:46 +0000 http://tmfassociates.com/blog/?p=1995#comment-643 [...] spectrum assets and therefore (even if the spectrum is worth more than the first lien debt, which I doubt because LightSquared now has at most only 2×10MHz of potentially usable L-band spectrum) there [...] [...] spectrum assets and therefore (even if the spectrum is worth more than the first lien debt, which I doubt because LightSquared now has at most only 2×10MHz of potentially usable L-band spectrum) there [...]

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