Astrolink enters $425M investment agreement

by Reily Gregson January 3, 2000

written by Reily Gregson January 3, 2000

BETHESDA, Md.-Astrolink announced it signed definitive agreements with Liberty Media Group for the investment by Liberty Media of $425 million in Astrolink. Astrolink is a wireless broadband venture scheduled to become a global, satellite-based broadband service provider by 2003, the company said.