Philip Falcone’s LightSquared Inc. will probably get U.S. regulatory approval to use its wireless spectrum by 2015 and may buy more airwaves, a member of a special committee of the company’s board told a bankruptcy judge, Bloomberg News reported yesterday. LightSquared, based in Reston, Va., sought bankruptcy protection in 2012 after the Federal Communications Commission blocked the company’s wireless service, saying it might interfere with civilian and military global-positioning-system navigation equipment. “I believe they will allow the spectrum to be used terrestrially,” Christopher Rogers, a member of a committee specializing in airwave issues, told Bankruptcy Judge Shelley Chapman. He was testifying at the outset of what may be a multi-day hearing in which LightSquared is seeking final approval of its plan to exit bankruptcy. Rogers cited two meetings with the FCC in December. The agency also has some airwaves right next to LightSquared’s slice of the spectrum, and the company could make a bid should they go up for auction, Rogers said. The National Oceanic and Atmospheric Administration currently uses some of that spectrum.
