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New satellite LTE network could challenge AT&T, Verizon

March 29, 2010 by Marin Perez - 1 Comment

The hedge fund Harbinger Capital Partners will be purchasing the satellite operator SkyTerra and using the satellite network to create a nationwide 4G network based on Long-Term Evolution technology. The company will be using about 23 MHz of spectrum throughout the 1.4 GHz and 1.6 GHz terrestrial band and the 10 MHz of the satellite…

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