RESTON, Va., August 3, 2011 - LightSquared™, the nation’s first wholesale-only integrated 4G-LTE wireless broadband and satellite network, announced today that it has successfully transitioned approximately 50,000 public safety and enterprise customers from its MSAT satellites to LightSquared’s new SkyTerra 1 satellite.
This transition is a major step toward the launch of LightSquared’s next-generation integrated satellite and broadband network, which will ensure that public safety officials and first responders have ubiquitous access to communications during emergencies. In addition, the LightSquared network will provide federal, state and local agencies with access to interoperable communications throughout the United States, even in the most rural areas.
“Providing reliable communications for the public safety community is LightSquared’s highest priority. With the transition to LightSquared’s new satellite, first responders will continue to have the critical communication capabilities they have come to rely on in times of crisis,’’ said Sanjiv Ahuja, LightSquared chairman and chief executive officer.
Also included in the transition are enterprise customers from a variety of industries including oil, natural gas, maritime, utilities and telecommunications. These industries and others have thousands of workers in remote areas who depend on satellite communications for their jobs and their safety.
Service on the new satellite will emulate existing satellite services, including all features such as Push-to-Talk, and is 100 percent compatible with current devices.
LightSquared’s SkyTerra1 satellite was launched November 14, 2010.
LightSquared’s mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value, and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications, and services – at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared’s network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com, www.facebook.com/LightSquared and www.twitter.com/LightSquared.
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Forward Looking Statement:
This release contains forward-looking statements and information regarding LightSquared and its business. Such statements are based on the current expectations and certain assumptions of LightSquared’s management and are, therefore, subject to certain risks and uncertainties. The forward-looking statements expressed herein relate only to information as of the date of this release. LightSquared has no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release, nor is there any assurance that the plans or strategies discussed in this release will not change.