LightSquared Responds to Inmarsat’s Default Notice 

[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...

  Already purchased this story?

• SIA President Hails “Resilience” of Satellite Industry
• Avanti Takes Next Step in Africa
• Intelsat Stock will be “Very Interesting” to Investors — Analyst
• ViaSat Spends Big to Double Exede Subscriber Base
• Globalstar Enters Amicable Negotiations with Thales after Losing Arbitration

• Newsat CEO: Jabiru Capacity Deal with Measat Puts Company Closer to Financing
• Talia Exec Explains APT Deal
• Yahsat Ready to Go To Next Level After Successful Launch
• Eutelsat Inks Two New Ka-band, Capacity Deals to Ease Market Anxiety
• ICO Loses Judicial Review Against Ofcom; May Lose Spectrum Assignments