Advanced Television

Ligado

Ligado raises $3.85bn for terrestrial L-band

Ligado Networks has raised $3.85 billion in fresh capital from investors including JPMorgan Chase. Ligado Networks, formerly known as LightSquared has a spectrum “sharing” agreement in place which requires it to pay significant sums to Inmarsat every year. The FCC, back in April, unanimously approved Ligado’s plan to deploy a terrestrial network in the US […]

October 28, 2020By Chris Forrester