GPS Interferences Update: FCC Bars LightSquared From Using Airwaves

Nothing surprising since this outcome was expected, Slashdot runs a story named FCC Bars LightSquared From Using Airwaves.

Their summary: "A proposed wireless broadband network that would provide voice and Internet service using airwaves once reserved for satellite-telephone transmissions should be shelved because it interferes with GPS technology, the Federal Communications Commission said Tuesday. The news appears to squash the near-term hopes for the network pushed by LightSquared, a Virginia company that is majority-owned by Philip Falcone, a New York hedge fund manager. LightSquared, naturally, continues to deny that the interference is real."

This seems to be the end of the LightSquared debacle which started over a year ago.