It's not just LightSquared's investors and debt buyers that stand to lose from its failure to...

|By:, SA News Editor

It's not just LightSquared's investors and debt buyers that stand to lose from its failure to win FCC approval: Nokia Siemens (NOK, SI) can kiss a $7B infrastructure and services contract signed in 2010 goodbye. LightSquared's apparent failure is the latest in a string of setbacks for Nokia Siemens, which has been slashing jobs and selling off product lines with the goal of paring its losses.