Thursday, August 4, 2011

LightSquared and PowerNet Global Sign 4G-LTE Wholesale Agreement

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LightSquared, the nation’s first wholesale-only integrated 4G-LTE wireless broadband and satellite network, and PowerNet Global, a leading nationwide provider of integrated telecommunications services, today announced that they have entered into a multi-year wholesale agreement.

Under this agreement, PowerNet Global will become a wholesale customer on LightSquared’s 4G-LTE network and will develop its own branded voice and high-speed mobile data services for its business and residential customers. This partnership represents a major step towards making the latest generation of mobile services available to PowerNet Global’s growing customer base throughout the United States.