16.03.2012 16:05 Uhr, Quelle: MacNN

Sprint formally ends LightSquared 4G deal, open to return

Sprint on Friday lived up to rumors and ended its LightSquared deal. The carrier decided against more than a second extension on the 4G startup's attempts to get its LTE network started. As part of the "contingencies" related to backtracking on the deal, Sprint would pay back the $65 million LightSquared had given to cover costs in advance, which Sprint said hadn't been used yet.

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