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Intelsat agrees to FCCs spectrum shift to make way for 5G
2020-05-27 02:00:00| Total Telecom industry news
Earlier this year, the FCC voted on and passed a plan to clear the lowest 280 MHz of the 3.7–4.2 GHz spectrum, as well as a 20 MHz buffer band, to make it available for 5G. Currently, this band is primarily used by the satellite industry, thus the new rules would necessitate them shifting their operations to the upper 200 MHz of the band (4…read more on TotalTele.com »
Intelsat files for Chapter 11 protection to restructure debt
2020-05-14 09:14:00| Telecompaper Headlines
(Telecompaper) Intelsat has filed for Chapter 11 bankruptcy protection in the US in order to restructure its debt. The company said it needs to free up cash in order to start on clearing its C band spectrum in the US for 5G and qualify for the associated transition payments.
Tags: files
protection
chapter
debt
Last week in telecoms: another disastrous week for Intelsat, European incumbents seeking to list more units
2019-11-25 14:30:00| Telecompaper Headlines
(Telecompaper) Diminishing chances for international satellite operators for a windfall on US 5G spectrum holdings drove Intelsat (-47%), SES (-15%) and Eutelsat (-10%) down for a second straight week. The incumbent operators appear to be looking increasingly at spinning off networks and country operations into listed subsidiaries, including Deutsche Telekom, Orange and Telecom Italia/TIM. The Telecompaper European Telecom Services index was down 0.1 percent in week 47, against a loss of 0.7 percent for the EuroStoxx 50. The German conglomerate 3U was the biggest winner, up 10 percent.
Last week in telecoms: shock announcements for BT, Intelsat and Iliad
2019-11-18 07:00:00| Telecompaper Headlines
(Telecompaper) Fibre investments, 5G spectrum and network sharing largely determined the fate of the European telecoms sector last week, along with earnings and two shock announcements implying offers for two leading telcos, Iliad and BT. Iliad led the winners in week 46, with a gain of 19 percent, followed by Telekom Slovenije (+5.6%) and Turkcell (+4.8%) on positive earnings reports. BT ended the week up 3.1 percent. Intelsat's US 5G spectrum could prove less valuable than earlier expected, causing the stock to lose 44 percent of its value. SES was down 13 percent. Liberty Global was among the biggest losers as well, down 8.8 percent.
Tags: week
announcements
shock
telecoms
Intelsat reports Intelsat 29e satellite failure
2019-04-18 22:30:37| Digital TV News
Intelsat (NYSE: I) has announced that the previously disclosed anomaly has resulted in the total loss of Intelsat 29e. A failure review board has been convened with the satellites manufacturer, Boeing, to complete a comprehensive analysis of the cause.
Tags: reports
failure
satellite
intelsat