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France outlines auction plans for remaining 3G licenses

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • France, USA
  • -
  • February 5 2010

French mobile phone operators Bouygues, SFR, Iliad and Orange (the wireless unit of France Telecom) will be given the opportunity to bid on remaining blocks of third-generation (3G) wireless spectrum in May, with the release of auction rules anticipated later this month

Globalstar receives credit backing from French export credit agency

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • France, USA
  • -
  • March 27 2009

Through an unusual trans-Atlantic financing arrangement, mobile satellite service (MSS) network operator Globalstar announced Wednesday that it had secured a guarantee from French export credit agency COFACE for a proposed U.S. $574 million credit facility that would enable Globalstar to acquire and launch second-generation satellites to replace its aging fleet of MSS spacecraft