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[Satellite TODAY 08-08-11] LightSquared has entered into a multi-year wholesale agreement with integrated telecommunications services provider PowerNet Global, the companies announced Aug. 5.

   PowerNet will become a wholesale customer on LightSquared’s 4G-LTE network and develop its own branded voice and high-speed mobile data services for its enterprise and commercial customers.
   “The partnership with LightSquared helps fulfill our goal of delivering an expanding array of advanced communications services to our customers across the country. LightSquared’s nationwide network and wholesale business model give us the opportunity to deepen our existing customer relationships and expand into new markets,” PowerNet Global President and CEO Bernie Stevens said in a statement.

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