Search
Menu
PI Physik Instrumente - Fast Steering LB LW 11/24

Flag Telecom Gets $300 Million in Funding

Facebook X LinkedIn Email
PHILADELPHIA, Aug. 21 -- Flag Telecom Holdings Ltd said its Flag Asia Ltd. subsidiary got $300 million in funding for construction of its Asian network. The new syndicated credit facility will release some of the funds Flag Telecom had previously committed to the project, giving it greater cash resources to fund other projects and improve its liquidity.    Flag Telecom initially funded the Flag North Asian Loop network using its own cash and proceeds from preselling capacity to Level 3 Communications Inc. The credit facility was arranged for Flag Asia by Westdeutsche Landesbank Girozentrale...Read full article

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: August 2001
    CommunicationsNews & Features

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.