Many of us have seen this coming for some time now, but the FCC issued a statement late today that it intends to reject LightSquared's bid to create a wholesale LTE network on the basis that interference with existing GPS devices is unavoidable. The news follows a similar recommendation from the NTIA that was delivered to FCC Chairman Julius Genachowski today, which concluded "there are no mitigation strategies that both solve the interference issues and provide Ligh