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

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 »