LightSquared has raised an additional $265 million in funding for building its wholesale-only, nationwide LTE + broadband satellite network. The new funding came from both existing investors as well as new, unnamed investors. Over the last 12 months LightSquared has raised over $2.3 billion.

"This latest round of financing signals another endorsement by the financial markets of our business model, and LightSquared's intent to use private capital to build out a new network to meet the growing demand across this entire nation for wireless broadband access," said Sanjiv Ahuja, chairman and chief executive officer of LightSquared.
http://www.LightSquared.com

"This latest round of financing signals another endorsement by the financial markets of our business model, and LightSquared's intent to use private capital to build out a new network to meet the growing demand across this entire nation for wireless broadband access," said Sanjiv Ahuja, chairman and chief executive officer of LightSquared.
http://www.LightSquared.com
introduced its new carrier division -- EarthLink Carrier -- formed by the combination of Deltacom's Interstate FiberNet, Inc., New Edge Networks' wholesale segment, and the recent acquisition of One Communications carrier business. The new division will offer carrier and wholesale customers a range of services, including fiber-based transport, a growing set of voice and data services to end users, and a variety of switched services.
is expanding its international network services capabilities to include European IP/MPLS IP-VPN nodes, plus access to 48 countries throughout Europe, Asia/Pacific, North America, and South America as well as the U.S. territories of Guam, Puerto Rico and the U.S. Virgin Islands. This will enable the company to offer Dedicated Internet Access, Ethernet, MPLS IP-VPN and Private Line services to more locations around the world.

The company said the new facility aligns with its plans to make India a hub for the design, development and innovation of next-generation networking technologies. In addition to R&D, The India Engineering Development Center of Excellence will provide technical support and business development to help IP Infusion expand its solutions to support the explosive growth in private, public, and hybrid cloud services.









