LightSquared raises USD 265 mln

Nieuws Mobiel Verenigde Staten 5 JUL 2011
LightSquared raises USD 265 mln
LightSquared has raised USD 265 million from existing and new investors. The company said it will use the funds for general corporate purposes, which includes constructing its LTE wholesale network in the US. Over the last 12 months LightSquared has raised over USD 2.3 billion.

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