The billionaire backer of a wireless company accused of using White House connections to interfere with a Pentagon commander’s congressional testimony last week emphatically rejected that and other charges relating to the embattled firm on Monday.
In an exclusive interview with Fox News anchor Megyn Kelly, private equity titan Phil Falcone – the chief investor in LightSquared, a Virginia-based firm aiming to establish a new wireless broadband network – rejected as “absolutely false” allegations that LightSquared had obtained in advance the written testimony of Air Force Gen. William Shelton.
As head of Space Command, Shelton had told a House Armed Services subcommittee that the LightSquared network could interfere with critical GPS systems used by fighting men and women the world over. After last Thursday’s hearing, subcommittee chairman Rep. Mike Turner, R-Ohio, told Fox News that Shelton had confided to lawmakers that he believed his testimony had been leaked to LightSquared, and that he had rebuffed requests to soften his testimony to benefit the company.
“No one,” Falcone answered, when Kelly asked if anyone at LightSquared had obtained an advance copy of Shelton’s testimony. “I didn’t have it, nobody in the company had it. So I don’t
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