"We're right on the law, we're right on the policy and we're right on the technology," Carlisle said. "We are not going away. We're in the process of [revising] our business plan to expand our financial runway to continue to move forward over a period of quarters and years."

Despite LightSquared's charges that its rights have been violated, Carlisle declined to discuss a possible lawsuit in detail. The company still believes it can reach a resolution with the FCC that lets it build a network, and if it can't, "we will examine all of our options," he said.

Carlisle said none of LightSquared's wholesale customers has canceled its contract with the carrier to his knowledge, despite the fact that at least two -- startup FreedomPop and low-cost mobile carrier Cricket -- have signed LTE wholesale deals with Clearwire since the FCC's action last month. LightSquared's network will be available to its customers once it goes live, he said.

"We hope they will hang with us through this, as we resolve this issue," Carlisle said.

The IDG News Service