Monday, May 14, 2012

LightSquared prospects look dim as bankruptcy deadline looms

LightSquared, the ill-fated USD7 billion open-access Long Term Evolution (LTE) spearheaded by hedge-fund manager Philip Falcone, is teetering on the brink of bankruptcy, the Wall Street Journal (WSJ) reports, after talks with the start-ups lenders faltered.


Read the original post:

OVETEL LightSquared prospects look dim as bankruptcy deadline looms

No comments:

Post a Comment