Ligado Says Looking for Strategic Partners for 5G Network Plans
Finding strategic partners is a key component of Ligado's plan for a satellite/terrestrial network aimed at the industrial IoT space, the company said in a statement Tuesday after reports it's working with a pair of investment banks on finding strategic…
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alternatives. Reuters reported that Ligado could face difficulty in finding investment because of its debt load and uncertainty over FCC approval for its planned satellite-broadband LTE network.