LightSquared Might Lease Sprint Facilities

LightSquared is in discussions to use Sprint Nextel Corp.’s cell sites and equipment to help build out its network, Businessweek reports.

The deal would allow LightSquared to roll out its network more quickly and at lower cost, but also could have ramifications for Clearwire. At least in principle, Sprint itself could use LightSquared facilities for Long Term Evolution traffic, if Sprint decides to add LTE as an air interface in the future (perhaps it is a foregone conclusion that Sprint will formally launch an LTE network, beginning sometime later in 2011 or early 2012).

Sprint, Falcone’s LightSquared Said to Discuss Network Deal - Businessweek