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Friday, September 30, 2011
Thursday, August 4, 2011
Harbinger Capital Phil Falcone - CNBC Interview - Philip Falcone - Harbinger Capital Partners - Lightsquared - ATT Lobbyist Connected to GPS Council ? Philip Falcone on Lightsquared - Philip Falcone Harbinger Capital Partners
Harbinger Capital Phil Falcone - CNBC Interview - Philip Falcone - Harbinger Capital Partners - Lightsquared - ATT Lobbyist connected to GPS Council - ATT and Verizon Not Playing Fair.
Lightsquared - Philip Falcone, Harbinger Capital Partners
"ATT, Verizon Interfering With LightSquared : Phil Falcone
In a television interview with CNBC Thursday, he said it was "very disappointing" AT&T [T 28.78 
-0.72 (-2.44%) 
], Verizon [VZ 34.92 -1.05 (-2.92%) ] and other members of the Coalition to Save Our GPS are contacting local elected officials to try and block LightSquared from providing a fourth-generation wireless network in rural areas.
Lightsquared - Philip Falcone, Harbinger Capital Partners
"ATT, Verizon Interfering With LightSquared : Phil Falcone
Hedge-fund manager Phil Falcone accused ATT and Verizon Communications of interfering with LightSquared, a broadband startup in which he has invested about $3 billion.
 |
CNBC.com Philip Falcone |
-0.72 (-2.44%) ], Verizon [VZ 34.92 -1.05 (-2.92%) ] and other members of the Coalition to Save Our GPS are contacting local elected officials to try and block LightSquared from providing a fourth-generation wireless network in rural areas.On the coalition's website, it claims LightSquared "plans to transmit ground-based radio signals that would be one billion or more times more powerful as received on earth than GPS's low-powered satellite-based signals, potentially causing severe interference impacting millions of GPS receivers—including those used by the federal agencies, state and local governments, first responders, airlines, mariners, civil engineering, construction and surveying, agriculture, and everyday consumers in their cars and on handheld devices."
Falcone, however, believes the coalition is not competing fairly. "They are doing a lot of things behind the scenes. They are trying to stamp out innovation," he said.
The Federal Communications Commission allowed LightSquared to start buying broadband spectrum in 2003, Falcone said. "We were mandated to build this network and now the GPS community is saying, 'They’re interfering with us'...[They] knew of this eight years ago. They knew we were going to build up this network," he said.
Falcone said the other companies "didn’t put the proper filtering on their devices. They are leaking into our highway. We’re not interfering with them They’re interfering with us."
Falcone said "99 percent of the problem" can be solved by LightSquared using a different part of the broadband spectrum.
The Harbinger Capital founder said LightSquared owns two blocks of spectrum and it is the upper block that is causing the problem.
The Harbinger Capital founder said LightSquared owns two blocks of spectrum and it is the upper block that is causing the problem.
On a day when stock markets are falling, Falcone said he would avoid "knee-jerk" reactions and "absolutely" invest in America.
"One thing we have to look at is markets don’t always go up, they go down as well," he said. "The U.S. is still the most powerful and strongest market in the world.
You have to pick your spots and wade into the water bit by bit."
You have to pick your spots and wade into the water bit by bit."
There are opportunities, he added, but "you can never time the market and pick the top and pick the bottom. It’s impossible to do."
He wouldn't talk about the investigations involving his hedge fund, but said he "always prided myself on my integrity and honesty. That’s been the most difficult thing for me to deal with," adding, "I’ll get through this."
Source of LightSquared, Philip Falcone, CNBC, Harbinger Capital Partners, ATT, Verizon, Phil Falcone Post.
Source of LightSquared, Philip Falcone, CNBC, Harbinger Capital Partners, ATT, Verizon, Phil Falcone Post.
Philip Falcone - Lightsquared, ATT Pressuring Local Elected Officials and Local Fire Chief to Pull Support from LightSquared ? Lightsquared, Philip Falcone, Harbinger Capital Partners
Phil Falcone - CNBC Interview - Philip Falcone - Harbinger Capital Partners - Lightsquared - ATT Lobbyist head of GPS Council ?
Source of Video of Philip Falcone, Lightsquared on ATT, Verizon, GPS Issues - Lightsquared - Harbinger Capital Partners.
Tuesday, July 12, 2011
Harbinger Group Inc., Omar Asali, Philip Falcone, Harbinger Capital Partners - Omar Asali announced as Harbinger Group Inc. President. Harbinger Capital Partners - Lightsquared
Harbinger Group Inc. (“HGI” or the “Company”; NYSE: HRG) announced that Omar Asali has been appointed acting President of Harbinger Group Inc. (, and is expected to be appointed President subject to approval by the Board of Directors of Harbinger Group Inc. (.
Omar Asali, Harbinger Group Inc. has served as a Director of the Harbinger Group Inc. since May 2011. Omar Asali, Harbinger Group Inc. is also a Managing Director and Head of Global Strategy for Harbinger Capital Partners and Omar Asali, Harbinger Group Inc. is responsible for its global portfolio and business strategy of Harbinger Group Inc.
Philip Falcone, who was President of Harbinger Group Inc., will continue to serve as the Chairman of the Board and Chief Executive Officer of Harbinger Group Inc.
Philip Falcone, Harbinger Group Inc. said “Omar’s appointment significantly strengthens the management team for building HGI, and I look forward to working with him to take the Company forward,” - Philip Falcone, Chief Executive Officer and Chief Investment Officer. Harbinger Group Inc. - Harbinger Capital Partners
Philip Falcone, Harbinger Group Inc. Said, "I have known Omar Asali for almost 10 years and have complete confidence in Omar Asali's management skills and Omar Asali 's ability to lead and build organizations. I believe his business and financial acumen will contribute significantly to our future growth and value-creation potential.”
Prior to joining Harbinger Capital Partners in 2009, Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners was co-head of Goldman Sachs Hedge Fund Strategies (“HFS”), where Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners helped to manage capital allocated to external managers.
Omar Asali, Harbinger Group Inc. also served as co-chair of the Investment Committee at HFS. Before joining HFS in 2003,Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners worked in Goldman Sachs’ Investment Banking Division, where Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners provided merger and acquisition and strategic advisory services. Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners began his career in public accounting as a C.P.A.
Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners received an M.B.A. from Columbia Business School and a B.S. in Accounting from Virginia Tech.
About Harbinger Group Inc.
Harbinger Group Inc. is a diversified holding company. Harbinger Group Inc.’s principal operations are conducted through subsidiaries that offer life insurance and annuity products, and branded consumer products such as batteries, pet supplies, home and garden control products, personal care and small appliances.
Harbinger Group Inc. focuses on opportunities in these sectors as well as financial products, telecommunications, agriculture, power generation and water and natural resources.
Harbinger Group Inc.makes certain reports available free of charge the Harbinger Group Inc. website at www.harbingergroupinc.com as soon as reasonably practicable.
Wednesday, February 23, 2011
Philip Falcone, LightSquared Nationwide LTE Broadband Network - Open Wireless Broadband Network
"Nationwide LTE Broadband Network.
LightSquared will offer reliable and comprehensive nationwide 4G-LTE wireless broadband coverage.
Currently networks in the U.S. are struggling with a lack of capacity and the ability to quickly and reliably supply voice and data services to their customers.
LightSquared is addressing this problem by building a best-in-class network with ubiquitous satellite coverage.
Network roll-out.
LightSquared is anticipating commercial launch in the second half of 2011. The network will provide nationwide services from its commercial launch date through satellite coverage and roaming partnerships, as it continues to extend its footprint.
LightSquared expects its partners will begin launching LightSquared-enabled products during the second half of 2011. Per its commitment to supporting the National FCC Broadband Plan, it will cover at least 100 million Americans by December 31, 2012; 145 million by the end of 2013; and 260 million by the end of 2015.
LightSquared-enabled devices including data cards, embedded modules, personal hotspots, and routers will launch during the second half of 2011.
By 2012, LightSquared’s service will expand to include Smartphones and other innovative next generation devices.
In September 2010, LightSquared disclosed that both the Nokia Siemens Networks, a leading supplier of telecommunications equipment and services, and the LightSquared boards of directors approved the 8-year, $7 billion agreement for Nokia Siemens Networks to deploy, install, operate and maintain the LightSquared nationwide network.
The agreement, the largest of its kind for the U.S. wireless industry, was first announced on July 20, 2010.
The nationwide LightSquared network, consisting of approximately 40,000 cellular base stations, will cover 92 percent of the U.S. population by 2015.
Preferred LTE Technology.
LightSquared is building a 4G-LTE open wireless broadband network that will enable a true broadband experience.
LTE, a 3GPP technology standard, is the basis of the 4G network deployments of nearly every major carrier globally.
The LTE standard provides an ecosystem advantage and a superior user experience.
From a technology perspective, LTE has a maximum data rate—over 100 MB/second—which enables LightSquared to offer more immediate communication with minimal delay and faster upload and download speeds.
LightSquared is using terrestrial and satellite technology to ensure constant connectivity, regardless of location. The LightSquared Satellite, built by Boeing, was launched into geostationary orbit over North America in November 2010. "
LightSquared will offer reliable and comprehensive nationwide 4G-LTE wireless broadband coverage.
Currently networks in the U.S. are struggling with a lack of capacity and the ability to quickly and reliably supply voice and data services to their customers.
LightSquared is addressing this problem by building a best-in-class network with ubiquitous satellite coverage.
Network roll-out.
LightSquared is anticipating commercial launch in the second half of 2011. The network will provide nationwide services from its commercial launch date through satellite coverage and roaming partnerships, as it continues to extend its footprint.
LightSquared expects its partners will begin launching LightSquared-enabled products during the second half of 2011. Per its commitment to supporting the National FCC Broadband Plan, it will cover at least 100 million Americans by December 31, 2012; 145 million by the end of 2013; and 260 million by the end of 2015.
LightSquared-enabled devices including data cards, embedded modules, personal hotspots, and routers will launch during the second half of 2011.
By 2012, LightSquared’s service will expand to include Smartphones and other innovative next generation devices.
Network deployment partner = Nokia Siemens Networks
In September 2010, LightSquared disclosed that both the Nokia Siemens Networks, a leading supplier of telecommunications equipment and services, and the LightSquared boards of directors approved the 8-year, $7 billion agreement for Nokia Siemens Networks to deploy, install, operate and maintain the LightSquared nationwide network.
The agreement, the largest of its kind for the U.S. wireless industry, was first announced on July 20, 2010.
The nationwide LightSquared network, consisting of approximately 40,000 cellular base stations, will cover 92 percent of the U.S. population by 2015.
Preferred LTE Technology.
LightSquared is building a 4G-LTE open wireless broadband network that will enable a true broadband experience.
LTE, a 3GPP technology standard, is the basis of the 4G network deployments of nearly every major carrier globally.
The LTE standard provides an ecosystem advantage and a superior user experience.
From a technology perspective, LTE has a maximum data rate—over 100 MB/second—which enables LightSquared to offer more immediate communication with minimal delay and faster upload and download speeds.
Terrestrial + Satellite = Constant Connectivity
LightSquared is using terrestrial and satellite technology to ensure constant connectivity, regardless of location. The LightSquared Satellite, built by Boeing, was launched into geostationary orbit over North America in November 2010. "
Source of Philip Falcone, Lightsquared, Harbinger Capital Partners Post
Nationwide LTE Broadband Network - Open Wireless Broadband Network
Tuesday, February 22, 2011
Frank Boulben
" Frank Boulben is the Chief Marketing Officer of LightSquared. In this role, he oversees strategy,marketing, and partner development for the first-ever wholesale-only open broadband network that uses a combination of terrestrial and satellite technology.
Prior to joining LightSquared, Frank was Global Director of Commercial Strategy for Vodafone Group, where he was responsible for the company’s wholesale roaming business as well as its pricing, customer investment policies, and strategic management. Frank Boulben joined Vodafone in 2007 as New Business Development Director.
Previously Frank Boulben was the Executive Vice President of Brand and Consumer Marketing for the Orange Group, responsible for brand and consumer propositions, market research, product marketing, devices, and commercial planning.
Frank Boulben joined Orange in January 2004 as Vice President for Corporate Strategy. Prior to that, Frank spent eight years working for Vivendi Universal in positions for the mobile operator SFR Group and the firm’s Internet division. Frank began his career as a consultant for Corporate Value Associates (CVA), working in Europe and the United States.
Frank Boulben also served on the Board of the GSMA during 2005-2006 and was Chairman of the Strategy Committee. Frank Boulben is a graduate of the École Polytechnique and of the École Nationale des Ponts et Chaussées. He majored in network economy and management"
Prior to joining LightSquared, Frank was Global Director of Commercial Strategy for Vodafone Group, where he was responsible for the company’s wholesale roaming business as well as its pricing, customer investment policies, and strategic management. Frank Boulben joined Vodafone in 2007 as New Business Development Director.
Previously Frank Boulben was the Executive Vice President of Brand and Consumer Marketing for the Orange Group, responsible for brand and consumer propositions, market research, product marketing, devices, and commercial planning.
Frank Boulben joined Orange in January 2004 as Vice President for Corporate Strategy. Prior to that, Frank spent eight years working for Vivendi Universal in positions for the mobile operator SFR Group and the firm’s Internet division. Frank began his career as a consultant for Corporate Value Associates (CVA), working in Europe and the United States.
Frank Boulben also served on the Board of the GSMA during 2005-2006 and was Chairman of the Strategy Committee. Frank Boulben is a graduate of the École Polytechnique and of the École Nationale des Ponts et Chaussées. He majored in network economy and management"
Source of Frank Boulben , Lightsquared, Philip Falcone, Harbinger Capital Post
Orange Group Seems to Be Connected To many At Harbinger and At Lightsquared, must be a Big Deal ? More on that Later...
Crystal@CrystalCox.com
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