A system has been developed to measure wideband electric field derivatives (dE/dt) at five ground stations in a 15 km × 15 km network at Kennedy Space Center. Individual station responses are normalized using digital filters. Pulse‐timing resolution is improved to much less than the 50‐ns sample interval by interpolation using packing in the frequency domain. A time tag for each pulse is defined as the mean of the times of the rising‐edge half peak, peak, and falling‐edge half peak. The standard deviation in these times defines the timing error and is shown to be a function of noise and bandwidth rather than digitization rate. Each of the four unknowns for a pulse source location (x,y,z) and time of occurrence (t) is found from the five time‐tag measurements using different weightings for all five combinations of the four‐station hyperbolic equations. Weighting factors and errors in x,y,z and t are estimated using error propagation techniques.