PARIS — Mobile satellite services operator Inmarsat has received an unexpected $40 million in cash from U.S. satellite-terrestrial wireless broadband startup LightSquared to compensate for the investment Inmarsat will make to adapt its use of L-band satellite spectrum in the United States, Inmarsat announced May 9.
Peter B. de Selding was the Paris Bureau Chief for SpaceNews. More by Peter B. de Selding
