Bankruptcy judge extends LightSquared ‘document discovery’ deadline
LightSquared’s lenders and Harbinger Capital Partners, its hedge fund owner, have been given more time to negotiate the release of ...
Tag: Harbinger Capital Partners
Collapsed creditor talks force LightSquared into bankruptcy protection
US satellite/terrestrial LTE venture LightSquared has filed for voluntary reorganisation under Chapter 11 bankruptcy protection, after talks with creditors collapsed ...
LightSquared secures week’s grace over debt restructuring
The creditors of satellite / terrestrial LTE venture LightSquared have given the company an extra week as it seeks to ...
FCC rules against LightSquared network plan
The US telecoms regulator has rejected satellite/terrestrial venture LightSquared’s proposed network rollout, after an official report concluded there is “no practical ...
No takeover bids for Inmarsat
UK-based MSS operator Inmarsat has not received any takeover bids, despite reports suggesting approaches from private equity as well as ...
Tests highlight LightSquared GPS interference
US satellite/terrestrial start-up LightSquared has been hit with further uncertainty after preliminary tests of its spectrum found it interferes with ...
Open Range files for Chapter 11, seeks buyers
US rural wireless broadband provider Open Range has filed for Chapter 11 bankruptcy protection after failing to get its broadband business ...
LightSquared needs US$3.5bn over next two years
US satellite/terrestrial venture LightSquared will need to raise US$3.5bn over the next two years in order to be cash-flow positive, ...
Dish beats rivals to buy Terrestar
DTH provider Dish Network is to acquire Terrestar Networks for approximately US$1.375bn after no higher bids were made. A New ...
LightSquared, Sprint in network sharing agreement?
Satellite/terrestrial venture LightSquared has reportedly agreed to a 15-year contract to share the costs of network expansion and equipment with ...
