Falcone rules out bankruptcy filing for LightSquared – report
Philip Falcone has reportedly rejected suggestions that LightSquared is considering a bankruptcy filing, after the FCC rejected the venture’s plans ...
Tag: LightSquared
Terrestar’s Chapter 11 plan gets green light
The US bankruptcy court has finally confirmed and approved TerreStar Networks' reorganisation plan. At a confirmation hearing at the United ...
FCC pulls plug on LightSquared’s network rollout
The US telecoms regulator has rejected satellite/terrestrial venture LightSquared’s proposed network rollout, after an official report concluded that there is ...
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 ...
Sprint extends LightSquared ultimatum
US mobile operator Sprint Nextel has given satellite/terrestrial venture LightSquared until mid-March to gain regulatory approval if they are to proceed with ...
Sprint gives LightSquared until March to get regulatory approval
Following the announcement of a public consultation by the FCC on LightSquared’s alleged interference issues, mobile operator Sprint Nextel has again ...
House to investigate FCC over LightSquared
The US House of Representatives is reportedly planning to investigate the FCC over its handling of satellite/terrestrial venture LightSquared’s proposed ...
Icahn acquires LightSquared debt – report
Renowned activist investor Carl Icahn has acquired debt in US satellite/terrestrial venture LightSquared, according to US media reports. Citing two ...
Embattled LightSquared has enough cash to ride out GPS row
US satellite/terrestrial venture LightSquared claims it has enough money to last “several quarters”, as the group demands further testing in ...
LightSquared: “Enough money to last us several quarters”
US satellite/terrestrial venture LightSquared has said that it would “move forward to enforce legal rights” if there is no resolution ...
