LightSquared took its first major step to fulfilling its promise of launching a nationwide, LTE-enabled wholesale wireless network announcing it had closed on a $850 million of debt funding from …
Mobile Satellite Ventures
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Looking to keep its foot to the floor, LightSquared said it has delivered a notice to satellite communications provider Inmarsat plc (IMASF.PK) triggering “Phase 1” of their agreement that calls …
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SkyTerra Communications Inc. and Mobile Satellite Ventures L.P. announced Harbinger Capital Partners Funds agreed to provide $500 million of debt financing to fund the former’s business plan through the third …
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SkyTerra Communications Inc., Mobile Satellite Ventures L.P. and Inmarsat plc said they reached a major pact to resolve complex technical, regulatory and business issues, a move they believe will better …
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Mobile Satellite Ventures said the Federal Communications Commission waived a requirement that it build a ground-based spare satellite in the event of satellite failure.FCC rules require mobile satellite service licensees, …
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Remember James D. Dondero, the Highland Capital Management L.P. honcho who made Motient Corp. want to forget 2006 and all the fun that comes with nasty proxy fights and lawsuits? …
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The Federal Communications Commission agreed to reserve a spectrum block for mobile satellite services provider TerreStar Networks Inc., one of a handful of firms trying to avoid past mistakes that …
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The Federal Communications Commission agreed to reserve a large chunk of frequencies for TerreStar Networks Inc., a firm that plans to provide wireless service throughout North America using a hybrid …
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Sprint Nextel Corp. announced a new senior vice president of strategy as the company tries to turn around and its recent poor performance.Jack Dziak, who has worked for MCI Communications …
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WASHINGTON-The unsuccessful proxy fight lodged by Highland Capital Management L.P. against Motient Corp. has given way to another nasty skirmish over proposed ownership changes in mobile satellite assets whose value …
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LINCOLNSHIRE, Ill.—Motient Corp. increased its ownership of TerreStar Networks Inc. from 54.3 percent to 55.1 percent, according to an 8-K filing the company made. The transaction involved Motient Ventures Holding …
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Despite initial anticipation that cable and satellite companies would use the advanced wireless services spectrum auction to catapult into the mobile marketplace, the hype doesn’t seem to be panning out. …
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Motient Corp. scored a solid win against Highland Capital Management L.P. and its president, James Dondero, with news that Motient stockholders voted to elect all of the company’s six nominees …
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LINCOLNSHIRE, Ill.—Motient Corp. announced a solid win against Highland Capital Management L.P. and its president, James Dondero, with news that Motient stockholders voted to elect all of the company’s six …
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WASHINGTON—A Delaware court rejected Highland Capital Management L.P.’s suit to gain access to Motient Corp.’s books and records, but the Dallas-based hedge fund claims it got a major boost from …
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WASHINGTON-Motient Corp.’s largest shareholder filed a new lawsuit against the wireless company, alleging in a Texas court that a recent transaction involving mobile satellite service ownership changes violates federal securities …
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The satellite industry as a whole is rebounding, driven by new technologies and applications in the mobile satellite services space, plus consumer applications such as high definition television and satellite …
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WASHINGTON—Motient Corp.’s largest shareholder filed a new lawsuit against the wireless company, alleging in a Texas court that a recent transaction involving mobile satellite service ownership changes violates federal securities …
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WASHINGTON—Highland Capital Management L.P. is contacting stockholders of Motient Corp. to criticize the wireless company’s recent deal with SkyTerra Communications Inc. and its proposal to revamp the board of directors. …
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WASHINGTON-Motient Corp. and SkyTerra Communications Inc. signed agreements to consolidate ownership and control of mobile satellite service assets, whose value is tied to plans to build and operate next-generation hybrid …
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WASHINGTON—Motient Corp. and SkyTerra Communications Inc. said they signed agreements to consolidate ownership and control of mobile satellite service assets, whose value is tied to plans to build and operate …
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WASHINGTON-Motient Corp. last week said company Chairman Steven Singer and four other directors would not seek re-election at the wireless company’s annual meeting, a development that comes at a time …
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WASHINGTON—Motient Corp. said Chairman Steven Singer and four other directors will not seek re-election at the wireless company’s annual meeting, a development that comes at a time when Highland Capital …
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WASHINGTON-Motient Corp. may be the wireless industry’s premier high-wire act. The Lincolnshire, Ill., company is attempting a great leap forward from a business model based on unprofitable land-based wireless data …
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The advent of ancillary terrestrial component, or ATC, will revolutionize the mobile satellite services industry in the long run, according to a new report from Northern Sky Research, a market …