Get ready for LightSquared broadband (Verizon and AT&T not fans)

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It's being billed as "the nation's first wholesale-only integrated wireless broadband and satellite network."

LightSquared is a new, coast-to-coast 4G-LTE wireless broadband operation backed up by satellite coverage.

The company will provide wholesale wireless to ISPs and cable operators—even device makers, content providers, and just about anybody else.

And the venture will do so as "first truly open and net neutral wireless network," according to LightSquared's elatedly worded press release, with build-out expected to produce over 100,000 "direct and indirect private sector jobs within five years."

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