Home Intelsat plans to restructure its way out of bankruptcy
 

Keywords :   


Intelsat plans to restructure its way out of bankruptcy

2021-08-26 02:00:00| Total Telecom industry news

In May 2020, veteran satellite operator Intelsat filed for bankruptcy. While the company’s shares had been struggling on the stock market for many years, the real motivation for the decision appeared to be directly tied to the FCC’s decision to shift satellite services from the 4.8 GHz (i.e., C-band) spectrum, in order that the spectrum might be used by terrestrial operators for 5G. In order to hasten the satellite operators’ transition, the FCC has offered major financial incentives…read more on TotalTele.com »

Tags: way plans bankruptcy restructure

Category:Telecommunications

Latest from this category

All news

»
23.114 ver. 6
23.11120
23.11 3rd tour DOUBLE STAR Blu-ray
23.11PSA8_
23.11/nd
23.11
23.11 #49
23.115in1UP
More »