Best Buy To Sell Access To New Wireless Network

NEW YORK (AP) — LightSquared, a company that’s building a new nationwide wireless broadband network, says Best Buy will resell access to that network, starting with a trial early next year.

Best Buy Co. is the biggest customer so far to sign up with LightSquared. The electronics chain will sell the service under its own Best Buy Connect brand. LightSquared CEO Sanjiv Ahuja announced it Wednesday in a speech at a wireless show in Orlando, Fla.

On Tuesday, LightSquared said Leap Wireless International Inc., the parent of the Cricket phone service, plans to use Reston, Va.-based LightSquared’s “fourth-generation,” or 4G, network to supplement its own.

San Diego-based Leap is the country’s seventh-largest phone company, with 5.5 million customers.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

One Comment

  1. Joey says:

    This is why best buy is still strong. They do trials and diversify their business products. If the trial fails, try something else. I was an avid consumer at Ultimate Electronics. This might be a reason they failed. Just sold tvs and stereo equipment.

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