LightSquared Raises New Funds
LightSquared, the Virginia-based wireless broadband and satellite network, has raised $265 million to use funds for general corporate purposes, including the construction of its 4G-LTE wholesale network. Over the past 12 months, the company has raised $2.3 billion. Prior investors in LightSquared include Harbinger Capital Partners and Spectrum Assets.
5 July 2011•2 mins read
