[September 27, 2011] AirTouch and LightSquared sign long-term 4G-LTE wholesale reseller agreement Tweet Sep 27, 2011 (M2 EQUITYBITES via COMTEX) -- AirTouch Communications Inc (OTC.BB: ATCH.OB) announced on Monday the signing of a long-term 4G-LTE wholesale agreement with LightSquared, a wholesale-only integrated 4G-LTE wireless broadband and satellite network. Under this wholesale agreement, financial details of which were not available, AirTouch will be authorised to offer AirTouch branded voice/data services nationwide over LightSquared 4G LTE network. Also, AirTouch will be able to offer such services as a wireless service carrier and AirTouch will reportedly be investing millions of dollars to uniquely dedicate its facilities/services to entice service activations on its network. AirTouch said that it will position itself as a home/office cantered wireless service provider offering its own unique hardware as a vehicle while inviting many other traditional mobile phone makers to sell their hardware on the AirTouch network. AirTouch will also become a hardware supplier of choice by LightSquared for an array of fixed wireless application terminals that enable the customer to take advantage of many applications and services that are available today for home usage only on mobile phones with patented signal amplification technology. In addition, AirTouch will offer its products for purchase by other LightSquared partners for their own service hardware at a partner pricing. It is anticipated that LightSquared will begin to offer such services in 2012. AirTouch is a provider of patented telecommunications devices capable of converging voice, data, video, security, entertainment and other advanced communications services from various service providers on one hardware. Comments on this story may be sent to [email protected] [ Back To TMCnet.com's Homepage ]