Inmarsat receives LightSquared 30MHz confirmation

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Sharecast News | 01 Apr, 2016

Updated : 15:04

Satellite communications group Inmarsat has received notification from US-based Ligado Networks, previously known as LightSquared, that it has decided to take the 30 MHz option under the pair's cooperation agreement.

Inmarsat said it remained in discussions with Ligado around the details of the plan and consequent change in payments and would update the market on further details in due course.

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