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Omnispace raises USD 60 mln for hybrid satellite-mobile network

Thursday 4 February 2021 | 10:51 CET | News
US-based Omnispace said it closed on a round of USD 60 million in equity financing that will help advance development of its 5G non-terrestrial network and expands its 2 GHz spectrum footprint in key markets globally. Led by new investor Fortress Investment Group, the latest round includes funding from existing investors Columbia Capital, Greenspring Associates, TDF Ventures and Telcom Ventures. 

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Categories: Mobile & Wireless / Broadcast & Satellite
Companies: Omnispace
Countries: World
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