LightSquared today appointed Marc Montagner, a veteran of major telecommunications deals, to the role of chief financial officer.
Montagner's appointment may signal LightSquared's willingness to strike a deal or partnership. One of Montagner's prior roles was the head of merger-and-acquisition activities for Sprint, helping to usher in the $70 billion merger with Nextel back in 2005. He was also co-head of Banc of America Securities' telecom, media and technology merger group.
Montagner had been executive vice president of sales, marketing, and strategy at SkyTerra, which was absorbed by LightSquared in 2010. LightSquared plans to take advantage of … Read more