Thing have looked grim for upstart wireless service provider LightSquared ever since the FCC officially withdrew their conditional approval to build out the terrestrial part of their LTE network, and now it seems like it may all come to an end. After the demise of their partnership with Sprint, the resignation of CEO Sanjiv Ahuja, and the laying off of nearly 45% of their employees, Bloomberg reports that the Virginia-based company has just filed for Chapter 11 bankruptcy today.california earthquake california earthquake tyson chandler tyson chandler stephen hill draft tracker the pirates band of misfits
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