It looks like yet another attempt at satellite broadband. More big bucks to outer space! Spectrum assets and financing.
*LightSquared* already owns valuable high quality spectrum assets, including 59 Mhz of nationwide ubiquitous spectrum in an advantageous frequency position. In addition to the $2.9 billion of assets already contributed by Harbinger Capital Partners and affiliates,*LightSquared* has additional debt and equity financing of up to $1.75 billion. Harbinger Capital Partners Harbinger Capital Partners is a leading private investment fund based in New York with $10 billion in assets under management. The firm was founded in 2001 and employs a fundamental approach to deep value and distressed credit investing. Harbinger is led by Philip A. Falcone, its Chief Executive Officer, who has over 20 years of investment experience across an array of market cycles. On Tue, Aug 10, 2010 at 1:07 AM, Blake Bowers <bbow...@mozarks.com> wrote: > http://www.lightsquared.com/about-us/ > > Anyone following these guys? > > > Don't take your organs to heaven, > heaven knows we need them down here! > Be an organ donor, sign your donor card today. > > > > > -------------------------------------------------------------------------------- > WISPA Wants You! Join today! > http://signup.wispa.org/ > > -------------------------------------------------------------------------------- > > WISPA Wireless List: wireless@wispa.org > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ >
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