Ligado's AST Satellite Deal With $550M For Inmarsat Gets OK
By Alex Wittenberg ( June 23, 2025, 3:35 PM EDT) -- A Delaware bankruptcy judge Monday approved insolvent satellite business Ligado Networks' deal with AST SpaceMobile Inc. that lets the companies work together to develop space-based broadband services, clearing a key hurdle in the debtor's path to securing confirmation of a restructuring plan that aims to cut almost $8 billion in debt....
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