Latest Harbinger Capital Stories

LightSquared Loses Falcone For A Stay From Bankruptcy
2012-05-01 03:47:36

Mobile communications company LightSquared isn't exactly seeing full spectrum. In fact, the wireless company has no stake in the wireless spectrum, which is just one of many problems plaguing the Reston, Va.-based company.

As FCC Revokes Approval, LightSquared Misses $56M Payment to Inmarsat
2012-02-21 05:28:46

The British satellite telecommunications company Inmarsat has issued a notice of default to the U.S.-based firm LightSquared after it failed to make a $56.25 million payment on its debt.

2011-01-24 18:45:00

SANTA MONICA, Calif., Jan. 24, 2011 /PRNewswire/ -- CODA Holdings, a California-based leading developer of advanced Lithium-ion power battery systems and all-electric vehicles, today announced that James P. McGinnis and Lord John Browne have joined the company's Board of Directors. Mr.

2010-07-20 06:06:00

NEW YORK, July 20 /PRNewswire/ -- Today marks the launch of LightSquared(TM), a new nationwide 4G-LTE wireless broadband network integrated with satellite coverage that will revolutionize communications in the United States.

2010-06-17 08:00:00

NEW YORK, June 17 /PRNewswire/ -- Philip Falcone, Chief Executive Officer of Harbinger Capital Partners (HCP) today released the following statement addressing the Federal Communications Commission's (FCC) broadband policies: "I understand that there has been a fair amount of debate about the regulatory framework that the FCC has chosen for broadband Internet services.

2010-04-28 10:41:00

NEW YORK, April 28 /PRNewswire/ -- Harbinger Capital Partners today announces a partnership with telecommunications visionary Sanjiv Ahuja and announces his selection as Chairman and Chief Executive Officer of its new nationwide 4G-LTE wireless broadband company. The new company, in addition to controlling access to 13 Mhz of terrestrial spectrum, has a controlling interest in SkyTerra Communications, Inc., an L Band (MSS) company.

2010-04-06 07:14:00

Supports Bell's strategic focus on Canadian broadband network and service investment MONTREAL, April 6 /PRNewswire-FirstCall/ - BCE Inc. (TSX, NYSE: BCE) today announced it has completed the sale of its 22.1 million shares in satellite services company SkyTerra Communication Inc.

2010-03-26 20:48:00

NEW YORK, March 26 /PRNewswire/ -- Harbinger Capital Partners (HCP) today released the following statement after the Federal Communications Commission announced its decision to authorize the transfer of control of SkyTerra to HCP. HCP applauds today's decision by the Federal Communications Commission to permit the transfer of control of SkyTerra to HCP.

2009-07-27 20:00:00

ST. LOUIS, July 27 /PRNewswire-FirstCall/ -- Solutia Inc. (NYSE: SOA) today announced that it has filed a Registration Statement on Form S-3 to comply with its obligation to register shares of common stock owned by Harbinger Capital Partners Master Fund I, Ltd.

Word of the Day
  • To befool; deceive; balk; jilt.
  • An illusion; a trick; a cheat.
The word 'begunk' may come from a nasalised variant of Scots begeck ("to deceive, disappoint"), equivalent to be- +‎ geck.