Converge Digest

Investors pour $100 million into Ligado for its terrestrial L-Band network

Ligado Networks announced more than $100 million in new investments to begin taking the necessary steps to build 5G IoT networks.

“With this new round of capital, we are better prepared than ever to do exactly what we’ve said: get this mid-band spectrum deployed to support the next-generation wireless networks needed to bring America’s critical infrastructure and essential services into the 21st century,” said Ligado CEO Doug Smith. “The investments will create American jobs, expand innovation and directly enhance critical industries such as first responders, health care workers and supply chain personnel that depend on ubiquitous and ultra-reliable networks to protect and secure American lives.”

https://ligado.com/press/ligado-raises-100-million-build-mission-critical-5g-networks/

FCC approves Ligado for low-power L-band terrestrial network

The FCC voted unanimously to approve with conditions Ligado’s application to deploy a low-power terrestrial nationwide network in the L-Band that will primarily support 5G and Internet of Things services.

“I thank my colleagues for coming together on a bipartisan basis to support Ligado’s application,” said Chairman Pai.  “The vote at the Commission reflects the broad, bipartisan support that this order has received, from Secretary of State Mike Pompeo and Attorney General William Barr on the one hand to Senator Mark Warner of Virginia and Congresswoman Doris Matsui of California on the other.  This vote is another step forward for American leadership in 5G and advanced wireless services.”

Among the conditions that Ligado must abide by:


https://ligado.com/


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