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LightSquared Selects Industry-Leading Systems Integrator and Business Support Systems Vendors to Manage Wholesale PlatformRESTON, Va., Sept. 20, 2011 /PRNewswire via COMTEX/ -- LightSquared(TM), which is building a nationwide wireless broadband network that will drive consumer choice and industry innovation, has achieved an important milestone in the development of its network: the selection of a renowned systems integrator and three leading software solution providers to build and deploy its wholesale platform. This wholesale platform will enable LightSquared's partners to provide critical customer management services to their end-users. LightSquared has selected Wipro Technologies (WIT), a global leader in IT services and consulting, as its technology partner for systems integration and managed services. Following an extensive evaluation process, LightSquared, in cooperation with Wipro, selected three key components for its platform: Provisioning and Activation, provided by Evolving Systems (EVOL), which enables LightSquared's partners to activate and provision end-users on the network. Real-Time Usage and Credit Management, provided by Openet, which enables LightSquared's partners to manage their own customers' network usage and credit in real time. Rating and Billing, provided by Convergys (CVG), which enables LightSquared to invoice its partners at a wholesale level based on aggregate usage. "We're continuing to establish the essential components of our nationwide network," said Sanjiv Ahuja, chief executive officer of LightSquared. "We recently announced our radio access network deployment plan and now continue with the selection of best-of-breed solutions from the industry's leading Business Support Systems vendors. With the help of Wipro, we've selected three leading companies that will help ensure the success and seamless operation of our unique wholesale-only platform." About LightSquared LightSquared's mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services - at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared's network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com, www.facebook.com/LightSquared and www.twitter.com/LightSquared. CONTACT: Josh Lefkowitz Burson-Marsteller for LightSquared Tel: (212) 614-5012 [email protected] Forward Looking Statement This release contains forward-looking statements and information regarding LightSquared and its business. Such statements are based on the current expectations and certain assumptions of LightSquared's management and are, therefore, subject to certain risks and uncertainties. The forward-looking statements expressed herein relate only to information as of the date of this release. LightSquared has no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release, nor is there any assurance that the plans or strategies discussed in this release will not change. SOURCE LightSquared |