Tag: Mergers
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How telecom pioneer Craig McCaw hitched up with Astra rocket venture in $2.1B deal
Astra’s Rocket 3.1 blasts off from the company’s launch complex in Alaska. (Astra Photo) Back in the 1990s, cellular telecom pioneer Craig McCaw bought into a vision of ubiquitous wireless service via a constellation of satellites, with an assist from Microsoft co-founder Bill Gates. Almost a quarter-century later, McCaw’s Teledesic venture is long-dead, but the…