Technology|June 3, 2011 7:03 pm

LightSquared and Sprint reportedly close to $20 billion LTE agreement, John Deere watching closely

Well, we already know which a sure tractor manufacturer isn’t quite lustful of LightSquared as well as a GPS-bustin’ LTE technology, yet alternative companies with yellow logos assumingly bay a most opposite sentiment. Really, though, who wouldn’t be smiling when there’s a ostensible $20 billion in it for you? According to a ever-familiar “people familiar” with a story, as quoted by Businessweek, LightSquared is removing closer to a long-rumored 15-year understanding which would compensate Sprint $20 billion in sell for piggy-backing upon a assertive network expansion. This would assistance LightSquared get up to speed most some-more quickly, get Sprint entrance to a little poetic LTE, as well as together utterly reanimate a paper maps industry.

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