GPS Location Active: One or more GPS location services are active.
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This specific icon means e911 location service active. I honestly haven't seen it since my last flip phone. Most smartphones only use GPS for navigation. I'd be worried if e911 rears its ugly head again. If I recall, there is also a setting to have it set always enabled (which seems to be in your case) or emergency calls only ( makes the beam symbol disappear leaving the target symbol by itself). I'm guessing this is a CDMA phone through Verizon or Sprint? e911 was mainly a CDMA offering.