Inmarsat Global Ltd. was relieved from immediately having to support an application by bankrupt Ligado Networks and AST SpaceMobile Inc. for federal regulator approval of certain commercial satellite operations.
Inmarsat has carried its burden to pause a bankruptcy court order directing it to back an FCC license application for AST to operate 96 satellites within the L-Band mobile satellite services spectrum in North America, Judge Gregory B. Williams of the US District Court for the District of Delaware ruled on Feb. 27.
As part of a more than $500 million deal reached in Ligado’s Chapter 11 proceedings, Inmarsat agreed to ...
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