Globalstar/FiberLight Off
Globalstar's $1.65 billion deal with FiberLight (see 1804250039) is off. In an SEC filing Wednesday, Globalstar said the decision to terminate came after unanimous recommendation of its board's special committee and the stockholders' representative. The company didn't comment Wednesday.
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!