Lightsquared bankrupt, but spectrum void still beckons

LightSquared, the company that mounted a powerful threat to GPS signals, declared bankruptcy on May 14, after losing a lengthy struggle in the court of the Federal Communications Commission (FCC) with the GPS industry, the U.S. military (behind the scenes), the Federal Aviation Administration, and many other GPS users. However, the vacuum into which Lightsquared sought to step — a dearth of spectrum for exploding mobile data use, up 123 percent last year — remains a gaping hole that will likely attract other entrants.