Wednesday, 25 November 2015
Last updated 11 hours ago
Jun 2 2011 | 11:29am ET
Harbinger Capital Partners' wireless broadband venture has yet to transmit a single datum, but it's already looking for extra capacity.
LightSquared is in talks with AT&T Inc. to use that company's 4G network when it needs to, Bloomberg News reports. Like LightSquared, AT&T is in the process of building its 4G network and, like LightSquared, plans to introduce it in select cities later this year.
The discussions between LightSquared and AT&T are still in their preliminary stages, according to Bloomberg.
Earlier this year, LightSquared—in which Harbinger has invested some 40% of its assets—signed its first deals to offer 4G services through Best Buy Connect and pay-as-you-go carrier Leap Wireless International.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…