LightSquared posted a $48.1 million loss in April, bringing the company's total losses since its May 2012 bankruptcy filing to $660.8 million, Dow Jones Daily Bankruptcy Review reported today. The company, which earlier this month received a piece of good news from the Federal Communications Commission about sharing wireless spectrum to test its mobile network, said that it spent $1.1 million for its spectrum reuse fee during April, bringing that total to $10.4 million during its bankruptcy.
