“Outraged and gravely concerned” are the words used by his lawyers to describe businessman Declan Ganley’s reaction to the CNN broadcast last autumn. The offending piece, about a highly lucrative Department of Defense 5G spectrum competition, by the network’s Washington Correspondent Jake Tapper is alleged to have accused Ganley’s company Rivada Networks of trying to obtain the contract corruptly. In legal correspondence, the TV network stands over the accuracy of its “well-sourced” story and claims Ganley’s lawyers have mischaracterised what was reported. The telecoms entrepreneur intends on bringing a defamation suit for damages against the US cable giant. But there…