LightSquared CEO Ahuja Resigns, Company Still Seeking FCC Approval

LightSquared CEO Sanjiv Ahuja has resigned, leaving founder Philip Falcone to search for new leadership, along with a solution to the 4G network's ills that can win it FCC approval. - LightSquared
CEO and executive vice president Sanjiv Ahuja has resigned, the company
announced Feb. 28. The
news follows a number of recent setbacks for the company, which is funded
by billionaire Philip Falcone's Harbinger Capital Partners hedge fund, and
hopes to launch a 4G Long-Term Evoluti...

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