LightSquared nets US$850m loan
US satellite/terrestrial 4G-LTE wireless broadband venture LightSquared has secured a US$850m four-year loan. SatelliteFinance understands that the facility, which was ...
Tag: LightSquared
Industry nets investment for grand plans
The ability of satellite operators, both established and new, to secure significant financial backing for their next generation projects continues ...
FCC rejects Globalstar’s ATC extension request
The Federal Communications Commission has denied a request by Globalstar for a 16-month extension to comply with the rules governing ...
LightSquared nets US$850m loan
US satellite/terrestrial 4G-LTE wireless broadband venture LightSquared has secured a US$850m four-year loan. SatelliteFinance understands that the facility, which was ...
Harbinger halves Inmarsat holding
Harbinger Capital Partners has sold approximately half its stake in Inmarsat via an institutional share placing. The hedge fund sold ...
SK Telecom to make major LightSquared investment
South Korean telecoms operator SK Telecom is on the verge of making a significant investment in satellite/terrestrial 4G-LTE wireless broadband ...
FCC rejects Globalstar’s ATC extension request
The Federal Communications Commission has denied a request by Globalstar for a 16-month extension to comply with the rules governing ...
Inmarsat in LBO rumours
Shares in mobile satellite operator Inmarsat jumped 4.7% in a day to over £7 a share as investors reacted to ...
LightSquared triggers L-band rebanding agreement with Inmarsat
Satellite/terrestrial wireless broadband venture LightSquared will pay Inmarsat US$337.5m over the next 18 months after triggering a cooperative agreement on ...
TerreStar brings in Blackstone to find solution to funding crisis
Mobile satellite operator TerreStar has hired Blackstone to advise it on finding fresh financing as it struggles with a series ...
