What’s Falcone’s $3 Billion Gamble On LightSquared Worth Now? – Forbes

Comment – Here is what I find interesting, besides the arrogance of doing something that most half-way intelligent engineers would say calls upon a need for caution… Bazelon states that the broadcast TV spectrum is worth at least two times to the cellular industry what the government is expecting. What does that say about the role of Congress and the FCC? – MisterDTV

As Phil Falcone agrees to step down from control of LightSquared and creditors like Carl Icahn step up, the big question is what the troubled telecommunication venture’s radio spectrum is really worth. The guesses range from $120 billion — one estimate of the value to consumers of a new swath of telecom spectrum open for business – to zero.

via What’s Falcone’s $3 Billion Gamble On LightSquared Worth Now? – Forbes.

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