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SoftBank unit, Google's Loon in flying base station partnership

2019-04-25 02:00:00| Total Telecom industry news

HAPSMobile, part-owned by Japan's SoftBank, has announced a US$125 million investment in Loon, a subsidiary of Google parent Alphabet, a deal that marks the start of a wider cooperation between the pair in the area of high-altitude mobile base stations. Under the terms of the deal, Loon has the right to invest the same amount in HAPSMobile in the future…read more on TotalTele.com »

Tags: base unit station partnership

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