Philip Falcone

Harbinger's 4G Plan Has Verizon and AT&T Crying Foul

Verizon and AT&T are grousing about FCC conditions applied to its recent approval of Harbinger Capital's takeover of SkyTerra. The rules are designed to spur competition, and the two biggest wireless players aren't happy about it.

A Hedge Fund Billionaire's Audacious 4G Wireless Plan

A prominent New York hedge fund billionaire intends to take on several of the biggest telecom firms in the country by building a massive 4G wireless network one analyst has called "breathtaking in its ambition."