Satellite Today

LightSquared Responds to Inmarsat’s Default Notice

February 21, 2012 | Satellite Today Insider | Jeffrey Hill
AAA 
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[Satellite TODAY Insider 02-21-12] MSS operator Inmarsat issued a notice to 4G LTE company LightSquared that it defaulted on a $56.25 million payment due upon the completion of a Phase 1 transition under its cooperative spectrum agreement to support a national wholesale mobile broadband network, Inmarsat...

 

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