FCC: No Contact With Gips About LightSquared

Federal Communications Commission Chairman Julius Genachowski had no contact with South African Ambassador Don Gips during the Commission's vetting of LightSquared, the company trying to launch a hybrid satellite/terrestrial wireless broadband service. Sen. Charles Grassley (R-Iowa) was seeking info on Gips' sale of stock in the company following the FCC's approval of the sale of the company back in 2009, then called Sky Terra, to a private equity firm Harbinger Capital Management, which is headed by Philip Falcone.