LightSquared closes on $850 million of debt
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LightSquared closes on 0 million of debt
(AP:RESTON, Va.) Wireless broadband and satellite network LightSquared has closed on $ 850 million of debt, money it will use to build its 4G network. With the money, the company now has more than $ 2 billion in equity and debt proceeds and in commitments.
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Schools to get high-speed broadband
Communications Minister Eamon Ryan will on Monday unveil a 13 million euro scheme to provide high-speed broadband to secondary schools across the country.
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