Nokia Siemens Networks and LightSquared Boards approve 8-year, 7 billion USD network outsourcing agreement
October 7, 2010
The boards of directors for Nokia Siemens Networks and LightSquared have approved an 8-year, 7 billion USD agreement for Nokia Siemens Networks to deploy, install, operate and maintain the LightSquared nationwide 4G (LTE) network. It is anticipated that the US network will begin carrying services in 2011. The agreement is the largest of its kind in the US and was first announced when LightSquared launched on July 20, 2010.
By the end of 2015 the LightSquared network is planned to cover 92 percent of the US population via approximately 40,000 cellular base stations. Both LightSquared and Nokia Siemens Networks have begun operations to build the network including acquiring sites and customizing LTE base station equipment. It will be the first wholesale-only, 4G (LTE) wireless broadband and satellite network in the US.
LightSquared customers will be served by a rapidly forming, rich, device ecosystem supporting L-Band LTE technology. The LTE infrastructure from Nokia Siemens Networks is based on the company’s small, modular and energy-efficient Flexi Multiradio Base Station.
To see today’s LightSquared press release, click here
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