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April 4 (Reuters) - Inmarsat Plc
* Inmarsat plc update on cooperation agreement with lightsquared
* On monday 31 march 2014, in line with terms of agreement, lightsquared elected to restart phase 2 which had been suspended since 20 april 2012
* In connection with this election notice, a payment of us$5 million became due after 5 business days and was received on 3 april 2014.
* Investors are cautioned that this announcement provides no guarantee that any further payments will be received from lightsquared. Source text for Eikon: Further company coverage: