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Ligado receives USD 100 mln in first tranche investments

Friday 29 May 2020 | 09:53 CET | News
Ligado Networks said it has received USD 100 million in new investments since the Federal Communications Commission conditionally approved its application in April to deploy a low-power terrestrial network nationwide in the L-Band for 5G and IoT services. The company said this is the first tranche of new investment, implying that more will come.

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Categories: Mobile & Wireless / Broadcast & Satellite
Companies: FCC / Ligado Networks
Countries: United States
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