notification icon question

[AC Question]

Anybody know what the circled notification icon represents?
https://dl.dropboxusercontent.com/u/28883337/icon.PNG

Android version 4.4.2
Samsung Galaxy Nexus
This icon appears when running the LTE Discovery App but also appears at other times.

 

[lizardchest]

Location services. Not necessarily GPS, but some app is looking for your location by GPS or network

 

[Golfdriver97]

Lizard has it right.

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