The end appears near for LightSquared, one of the wireless industry's grandest and riskiest gambles.
Stocks ended mixed Friday but the major gauges all posted gains of more than 2% for the week on rising hopes for the U.S. economy.
LightSquared CEO Sanjiv Ahuja is resigning, the company announced Tuesday.
This is part two of a week-long series on the cell phone capacity crunch.
LightSquared's plan to become a fifth major nationwide wireless carrier hit a major snag this week, after government regulators said they would continue to bar the company from launching its network.
This earnings season, the market has been unforgiving to any company that fell short of expectations.
Sprint is losing its most valuable subscribers to its biggest rivals. Shares are plummeting. And its once-leading 4G coverage is getting passed by.
What if you could buy your iPhone and wireless service directly from Apple, without having to sign a contract with AT&T or Verizon? Imagine going to Google.com and buying an Android phone that comes with Google Wireless.