Ligado Networks Files for Bankruptcy Amid 5G Setback

Ligado Networks LLC enters bankruptcy, converting $7.8 billion debt into equity as 5G expansion plans face obstacles. Learn more about this telecom shift.

A modern cityscape with a 5G tower silhouette in the foreground, symbolizing halted progress. The ba
Ligado Networks Files for Bankruptcy Amid 5G Setback

Ligado Networks LLC has filed for bankruptcy due to blocked 5G expansion, reducing its debt by converting $7.8 billion into equity.

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