NSN, Clearwire become casualties of Sprint's hosting deal with LightSquared2011-08-02 10:26 by DanielaTags: NSN, Clearwire, LightSquared
Sprint's 15-year, $9-billion hosting deal with LightSquared will lead to some loss for NSN and Clearwire. NSN was initially chosen by LightSquared to install radio access network (RAN), core network equipment, and several associated services. The deal between NSN and LightSquared was first announced in July 20, 2010. After the deal with Sprint, NSN will now only be providing the core network for LightSquared constituting just a fraction of the original deal.
Meanwhile, Clearwire, which has a wholesale WiMAX network deal with Sprint, saw its stock plummet on July 28. The company expressed their doubt that this deal will solve the problems, that LightSquared is facing, including the lack of usable spectrum for a 4G LTE network. Read more -here-
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