UPDATE 2-GPS interference alters LightSquared network plans

Newswire

* LightSquared to use different spectrum than planned * Sees cellular network ready as soon as mid-2012 (Adds background details) NEW YORK, June 20 (Reuters) - LightSquared, a telecom start-up backed by Philip Falcone's hedge fund Harbinger, is caving into demands from GPS providers and changing its plans to build a high-speed wireless network to avoid interference problems with GPS services. LightSquared said on Monday that it would use a different block of wireless airwaves than it ...

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