LightSquared defaults on Inmarsat payment
Submit on Monday, February 20th, 2012 22:56
Inmarsat said that LightSquared, which plans to build a U.S. mobile broadband service using Inmarsat’s spectrum, had failed to pay a US$56.25 million instalment due under their spectrum-sharing agreement.Other Posts:AW&ST Program Excellence Award for Atlas VAriane 5 lofts satellites for Brazil, VietnamEnergia Overseas Limited assumes DIP financing for Sea LaunchThe Advantages In Upgrading Your Satellite TV PackageUpdate: Two Ekspress payloads arrive in RussiaHayabusa making progress on its way backLoral Space results Q2 2011Arianespace revenue decreased in 2010
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