04.08.2011 23:50 Uhr, Quelle: Engadget

LightSquared's Phil Falcone talks to CNBC, airs his feud with Verizon and AT&T (video)

Time to call in the wireless waahmbulance. LightSquared's billionaire backer Phil Falcone made his television debut on CNBC's Power Lunch to cry foul at the behind-the-scenes lobbying drama that could put the brakes on his 4G dreams. The hedge fund manager pointed his finger at AT&T and Verizon, claiming both are trying to "stomp out innovation" and competition by working in cahoots with the Save Our GPS Coalition. The soon-to-launch LTE network continues to encounter significant opposition from the group, as its tests have shown LightSquared's planned 40,000 sta

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