I was very glad to see that the FCC and the powers that be in Washington finally made a good choice. While it doesn’t happen very often, every once in awhile they will make a good call on something. The towers and the frequencies that LightSquared were going to invest in would have crippled an entire industry for the sake of their own gain in the name of technology. This would not have been an acceptable plan. The Government agencies did their due diligence and came to the same conclusion which was a pleasant surprise to most I am sure.

Don’t worry, it won’t last long before they have botched another critical decision. Better enjoy this one while we can.

Published in Business Investment
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