Satnews Daily
December 19th, 2011

LightSquared + Quantum Networks... Building Partnerships (SATCOM)


[SatNews] LightSquared™ and Quantum Networks have signed....

.....a wholesale network agreement that will enable Quantum to bundle 4G wireless connectivity with its products. With LightSquared’s 4G-LTE network, Quantum will become a “one-stop-shop” by bundling connectivity with its devices to meet the needs of its customers who want access to world-class wireless broadband services. By expanding beyond their traditional offerings, and taking advantage of the unprecedented demand for wireless connectivity, Quantum will also be able to generate new recurring revenue streams and is LightSquared’s 33rd wholesale customer, and part of a rapidly growing customer base that includes wireless carriers, device manufacturers, nationwide retailers, regional phone companies and mobile content providers.

“Quantum Networks epitomizes the entrepreneurial and innovative spirit that will drive the growth of wireless broadband in this country,” said Sanjiv Ahuja, chairman and chief executive officer of LightSquared. “LightSquared and its wholesale business model are empowering bold companies such as Quantum Networks to create new revenue streams and foster much-needed competition in the U.S. wireless market.”