Falcone Wins Breathing Space for Lightsquared

Falcone Wins Breathing Space for Lightsquared Play

April 20 (Bloomberg) -- Philip Falcone’s LightSquared Inc. made an outstanding $56.3 million payment to Britain’s Inmarsat Plc related to a spectrum-cooperation accord and was granted an extension on further installments, gaining more time to win approval from U.S. regulators for a wireless service. On today's "Movers & Shakers" on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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