LightSquared CEO resigns after FCC torpedoes network

By Josh Smith

| February 28, 2012

LightSquared CEO Sanjiv Ahuja has resigned after the Federal Communications Commission turned down the company's plan to build a nationwide wireless network, the company said.

LightSquared's proposed network was shown to interfere with global positioning systems and Ahuja oversaw a failed lobbying battle to gain FCC approval.

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LightSquared CEO Sanjiv Ahuja has resigned after the Federal Communications Commission turned down the company's plan to build a nationwide wireless network, the company said.