SKT could invest in LightSquared

SKT could invest in LightSquared

Caroline Gabriel/Rethink Wireless  |   September 22, 2010
Korea's SK Telecom has emerged as the mystery operator that could invest in LightSquared, the US venture set up to build a national LTE wholesale network in mobile satellite spectrum.
 
Its chief backer, Harbinger Capital Partners, has been looking for investors, and has hinted at one or more operators taking a stake in return for access to the network.
 
T-Mobile USA has been the most discussed candidate, but SKT has also been aiming to increase its US presence for some years.
 
If SKT were to take a share in LightSquared, it would indicate a similar model to that of Clearwire, which has Sprint Nextel and three cablecos as stakeholders/MVNOs and has also been reported to be in talks with T-Mobile.
 
LightSquared has so far raised all its money from financial institutions, but will need more financing to meet its ambitious rollout targets, and has made no secret of its wish to involve operator partners and/or suppliers.
 
At one time, Huawei was thought to be interested in a stake plus equipment contract, but LightSquared then chose Nokia Siemens to build and run its network (without any investment from NSN).
 
SKT would take a $100m investment, according to Reuters, and has confirmed its talks with Harbinger, but said “some terms haven't been met yet.” SKT could launch consumer or enterprise LTE services under its own brand via a wholesale deal with LightSquared, and would also gain expertise to use in its own LTE roll-outs in its home market and possibly elsewhere.
12
COMMENTS (1)

Poll

Windows Phone 7: Will Microsoft finally redeem itself in the smartphone OS race?

Voices_tabs

Robert Clark
Hold the front page – people like it!
Robert Clark
Opens up the app store game
Basharat Ashai/Maravedis
Data caps don't address the problem of network congestion
Adeel Najam, Frost & Sullivan
Pressure from regulators means pay-TV providers may need to shift to non-content differentiators
Robert Clark
Operators can be powerful advocates for light-touch regulation and surveillance
John C. Tanner
Telcos should be cautious of fiber and focus on copper-based broadband

Video from Telecom Channel

Encouraging data usage abroad
Chunghwa is negotiating better roaming rates with partners to give smartphone users more predictability when they travel.  
 

Frontpage Content by Category with Image

Sponsored by Tellabs
This webinar provides an in-depth look at the wireless backhaul landscape and the technology options that are available to mobile operators

businessweek_industryview

Diana ben-Aaron and Meera Bhatia
As operators seek to take on Apple in mobile services
Cathal O’Toole, Jinny Software
Traditional messaging will, for some time to come, be the mainstay delivery channel in mobile advertising

Frontpage Content by Category

Telecomasia.net's most popular news stories, blogs, analysis and features in the first six months of 2010

lighter_side_telecom_career

Staff writer
Program targets Iraqi refugees in Syria
Staff writer
Currently senior EVP of Sky Perfect JSAT Corp