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Harbinger Capital Partners to sell stake in LightSquared to SK Telecom
[September 20, 2010]

Harbinger Capital Partners to sell stake in LightSquared to SK Telecom


Sep 20, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Harbinger Capital Partners is in talks with SK Telecom Co., Ltd. to sell a stake in LightSquared, a provider of integrated wireless broadband and satellite network. Both LightSquared and Harbinger Capital Partners are based in the US.



SK Telecom is a South Korea-based provider of wireless telecommunication services, while Harbinger Capital Partners is a venture capital firm.

Deal Type Venture Finance Sub-Category Exit Deal Status Announced: 2010-09-19 Deal Participants Target (Company) LightSquared Acquirer (Company) SK Telecom Co., Ltd.

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