Intelsat might be in Chapter 11 bankruptcy restructuring, but trading continues. The satellite operator’s revenues were $458.8 million for Q1 (to March 31st) down 13 per cent, and after interest payments and other obligations, that turned into a net loss of $218.8 million for the quarter. The company reported significant downturns in Network Services (down […]
Eutelsat, not for the first time, has formally complained to the FCC over the Commission’s ruling that it would pay around $5 billion to both Intelsat and SES in ‘incentive payments’ for clearing certain C-band frequencies over the USA. In essence, Eutelsat is fearful that the payments – and the related reimbursements of actual costs […]
FCC Chairman Ajit Pai has confirmed that the repurposing of C-band spectrum for 5G services will move forward on an accelerated timeline. In a public notice, the FCC’s Wireless Telecommunications Bureau said it had secured commitments from all eligible satellite operators to meet an accelerated clearing timeline that will make way for faster 5G deployment […]