SES CEO Steve Collar delivered a confident report to analysts at its Q1/2020 results on May 7th, and there was much focus from analysts on whether the FCC’s proposed C-band scheme would go ahead should there be any form of Chapter 11 filing by Intelsat. D-day, as far as the FCC auction of C-band spectrum, […]
PSSI Global Services, which operates a number of teleports and more than 60 Outside Broadcast satellite uplink trucks across the US, is suing the Federal Communications Commission over the FCC’s plans for C-band. The lawsuit – strictly speaking a petition – was filed in a Washington DC Federal Court, and PSSI asks for a Judicial […]
Whilst all the details aren’t yet known, there are serious names who have entered bids for some or all of OneWeb’s assets. By the May 4th deadline, at least six proposals had been received by either Millbank LLP or Guggenheim Securities, who are acting on behalf of the operation. While not yet being specific about […]
Intelsat’s shares had a torrid time May 5th with a 12.4 per cent fall in value at one point to just $1.10. It isn’t the lowest that Intelsat shares have traded recently ($1.04 on April 15th) but it highlights the anxiety the market has for the company’s future prospects. One shareholder (Cyrus Capital Partners) is […]
Intelsat CEO Steve Spengler has said that the operator is proceeding as the FCC laid out in its 225-page order in regard to the auction of C-band spectrum over the US. However, he also placed something of a question mark on future plans by adding “if we choose to proceed with clearing C-band” and which […]
Satellite TV and streaming media firm DISH Network has announced a multi-year agreement with network software provider Mavenir to deliver cloud-native OpenRAN software for its new 5G network. DISH, which provides entertainment services via satellite-based DISH TV, as well as streaming services under the Sling TV brand, intends to become a US-wide facilities-based provider of […]
The Digital, Culture, Media and Sport Committee of the UK’s lower legislative chamber the House of Commons has widened the scope of its inquiry into Broadband and the road to 5G, inviting evidence submissions on the impact of Coronavirus on the roll-out of full-fibre and 5G infrastructure, including any differences being experienced in different parts […]
South Africa’s media regulator ICASA is involved in a dispute with the nation’s main telco Telkom. The claim by Telkom – which operates both landline and cellular services – is that the regulator has “expropriated” a portion of its wireless spectrum assets. ICASA’s intention was to use the 2.3 GHz spectrum to help provide extra […]
Intelsat has yet to formally apply for Chapter 11 bankruptcy and undoubtedly its situation is precarious and thus highly fluid although a bankruptcy restructuring is now widely expected given that it has declined to make interim interest payments on a 2024-due bond and has used a permitted 30-day delay in making the payment. Intelsat is […]
Intelsat has been somewhat silent on its intentions regarding the planned auction by the FCC of 280 MHz of spectrum over the US to help support the take-up of 5G telephony and data. However, Bloomberg Law reports that Intelsat is seeking a bankruptcy loan in order to keep the satellite company in business under a […]