LightSquared and InterGlobe Communications Sign Multi-Year 4G ...

LightSquared and InterGlobe Communications Sign Multi-Year 4G-LTE Wholesale Agreement

RESTON, Va. and STATEN ISLAND, NY, August 23, 2011 ? LightSquared?, the nation?s first wholesale-only integrated 4G-LTE wireless broadband and satellite network, and InterGlobe Communications, a business integrated service provider primarily serving the New York, New Jersey and Pennsylvania region, today announced that they have entered into a multi-year wholesale agreement.

Under this agreement, InterGlobe, a Competitive Local Exchange Carrier (CLEC) with nearly 20 years of experience, will become a wholesale customer on LightSquared?s 4G-LTE network. InterGlobe will add high-speed mobile data and satellite services to its range of business communications solutions that include VoIP, high-speed Internet, video teleconferencing and IP telephony services offered to its growing number of business clients throughout the Mid-Atlantic region.

?The partnership with LightSquared helps fulfill our commitment to provide customized solutions that are tailored to the very demanding needs of our clients,? said Al Mayerhoff, president of InterGlobe Communications. ?With access to LightSquared?s 4G-LTE and satellite services, we have an opportunity to offer competitive mobile data service options that meet our clients? need for speed, mobility and network resiliency.?

?We are excited to partner with this well-established integrated service provider,? said Sanjiv Ahuja, chairman and chief executive officer of LightSquared. ?This partnership represents an important step toward making the latest generation of mobile services available to a significant and growing customer segment for LightSquared. Through our partnership, LightSquared will help InterGlobe meet its business clients? demand for affordable, high-speed mobile connectivity in one of the most competitive market corridors in the United States.?

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.

About InterGlobe Communications

Interglobe Communications is a Full Service Telecommunications Company est.1992. Headquartered in New York City, InterGlobe Communications is a one-stop network service provider. InterGlobe Communications is among the most experienced Competitive Local Exchange Carriers. We are a total solutions provider, offering dial tone, local and long distance services, toll free and Internet access all on one online statement at significant savings.

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CONTACT:

Amy Rosenberg
Burson-Marsteller for LightSquared
Tel: +1 (212) 614-4558
amy.rosenberg@bm.com

Christina Bessler
InterGlobe
Tel: +1 (212) 918-2000
cbessler@nyigc.com

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.

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