LightSquared, a wireless broadband network that will
drive consumer choice and industry innovation, announced that it signed a
collaboration agreement with Sharp, a manufacturer of consumer electronic products
and solutions.
Sharp will provide advanced smartphones and tablets which
will operate on LightSquared’s 4G-LTE network.
As a manufacturer in liquid crystal displays (LCDs) and
digital technologies, Sharp offers consumer electronics, information products
and electronic components, while also creating new network businesses.
The agreement will help leverage Sharp’s product
solutions to develop a range of innovative devices which will incorporate an
extensive selection of device components, such as Sharp’s advanced LCD panel
and camera module, for LightSquared’s 4G-LTE network partners including
carriers, retailers and others.
“Sharp has a rich history of producing unique
products that push the extremes of design and functionality, and we’re proud
that they will be developing innovative devices for LightSquared’s 4G-LTE
network,” said Sanjiv Ahuja, chief executive officer of LightSquared.
“LightSquared’s wholesale-only business model and
open network will provide Sharp with a platform from which they can
aggressively expand into the U.S. wireless market with an exciting portfolio of
smartphones and tablets,” Ahuja added.
With the creation of the first-ever, wholesale-only
nationwide 4G-LTE network integrated with satellite coverage, LightSquared
offers people the speed, value and reliability of universal connectivity,
wherever they are in the United States.
As a wholesale-only operator, LightSquared will deploy an
open 4G wireless broadband network to be used by existing and new service
providers to sell their own devices, applications and services at a
competitive cost and without retail competition from LightSquared.
The deployment and operation of LightSquared’s network
represent more than $14 billion of private investment over the next eight
years.
Recently, LightSquared and InterGlobe Communications announced that they have entered
into a multi-year wholesale agreement.
Under this agreement, InterGlobe, a Competitive Local
Exchange Carrier (CLEC) with nearly 20 years of experience, will become a
wholesale customer on LightSquared’s 4G-LTE network.
By Telecomlead.com Team
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