Wireless networks are for the bold, the lucky and the impossibly rich. And as LightSquared, the company that hoped to build a wholesale LTE network using airwaves once reserved for satellite signals, files for bankruptcy, I feel an I-told-you-so coming on. I was doubtful of LightSquared’s success from the beginning, but I was hoping I’d be proven wrong.
Instead I was right about LightSquared’s eventual failure, but wrong about the reasons. Maybe it would have failed for economic reasons if it had ever gotten off the ground, but before it got that far it fell victim to D.C. politics, spectrum warfare, and interests that don’t want more competition in the wireless industry.