On Wednesday, LightSquared, backed by Philip Falcone's Harbinger Capital Partner's hedge fund, gave a new proposal to the FCC that offered to tweak its towers so their signals would not interfere with GPS devices. Ahem, some GPS devices.
Dale Leibach, spokesman for the Coalition to Save Our GPS said the offer was a positive step toward reduced interference for some devices. The kicker, however: "It still leaves a huge gap because it does not claim to solve
interference to high-precision…