5 posts and columns on Harbinger Capital Partners

Voices

LightSquared Lenders Pressure Falcone

in Mobile on April 27 at 11:31 am PT

Some of LightSquared Inc.’s lenders want hedge-fund manager Philip Falcone to step aside as the public face of the wireless communications firm as a condition for avoiding a looming debt default, said people familiar with the matter.

Voices

Harbinger Investors Sue Over LightSquared

in Mobile on February 17 at 3:55 pm PT

Investors in Philip Falcone’s Harbinger Capital Partners sued the fund and Mr. Falcone on Friday, saying the “all in” investment in wireless startup LightSquared Inc. squandered billions of dollars.

Voices

Harbinger Says Wireless Venture Signed Sprint Deal

in Mobile on June 20, 2011 at 8:10 am PT

Philip Falcone’s hedge fund says its mobile-broadband start-up, LightSquared Inc., has signed a 15-year agreement with Sprint Nextel Corp. to jointly build and operate a planned new wireless network.

Voices

Wireless Network Races for Funds

in News on July 19, 2010 at 5:00 am PT

Hedge fund manager Philip Falcone is facing financial and regulatory deadlines as he moves to raise more funds—in the form of debt—for his plan to build a new high-speed wireless network. The plan, which would be expensive and risky even for an established telecommunications firm, involves launching two satellites that would communicate with more than 30,000 wireless base stations across the U.S., and then selling high-speed wireless access to U.S. phone companies, cable operators and others that want to offer the service in areas currently without coverage.

Found! Someone Who’s Optimistic About the New York Times!

in Media on November 25, 2008 at 2:30 am PT

Everyone knows the New York Times is doomed. So why are professional investors continuing to snap up shares in the company?