Lightsquared misses second payment, says Inmarsat
Lightsquared has missed a second payment to satellite operator Inmarsat, the company said. This payment is for $29.6m and follows a missed payment of $56.2m in February.
Lightsquared has missed a second payment to satellite operator Inmarsat, the company said. This payment is for $29.6m and follows a missed payment of $56.2m in February.
LightSquared, the US wholesale network operator, is in talks with Sprint to strike a network share deal, in a scheme designed to accelerate build out of its LTE network, according to a report by Bloomberg.
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