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Ligado raises USD 3.85 bln for L-band plans

2020-10-26 08:56:00| Telecompaper Headlines

(Telecompaper) Ligado Networks said it has raised USD 3.85 billion in new capital, which it will use to develop a low-power terrestrial network in the L-Band for 5G and IoT services, and for mission-critical industries. The money was raised from new and existing investors led by JP Morgan Chase & Co. "Today is a great day,"Ligado CEO Doug Smith said. "We've secured our license, we've raised the necessary capital, and we're in a great position to work with the industry to get this spectrum deployed for 5G to support critical industries across the US," the CEO added.

Tags: plans usd raises bln

 

Gap Inc sets out plans to shake up its business

2020-10-23 14:45:00| Daily apparel & textile news and comment - from just-style.com

US specialty apparel retailer Gap Inc has set out proposals to shake up its business, with a heavier focus on the Old Navy and Athleta brands and the closure of around one-third of Gap and Banana Republic stores in North America.

Tags: up business plans sets

 
 

Here's how Gap Inc plans to shake up its business

2020-10-23 14:45:00| Daily apparel & textile news and comment - from just-style.com

US specialty apparel retailer Gap Inc has set out proposals to shake up its business, with a heavier focus on the Old Navy and Athleta brands and the closure of around one-third of Gap and Banana Republic stores in North America.

Tags: up its business plans

 

Russias Energy Minister Says Too Early to Discuss OPEC+ Plans Beyond 2020

2020-10-20 20:35:00| OGI

A second government source said Russia, for now, would not disclose its plans on whether to continue with the current oil output cuts in order to prevent an overreaction in the market.

Tags: early plans energy discuss

 

Ultra HD Forum updates Guidelines and plans watermarking API

2020-10-20 20:30:56| Digital TV News

The Ultra HD Forum has released Version 2.4 of its Guidelines adding more on live OTT distribution, and its online UHD service tracker has received an upgrade. A watermarking API is due before the end of the year.

Tags: forum plans updates guidelines

 

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