The C-Band Alliance ("CBA"), which includes the leading global operators in the Intelsat (NYSE: I), SES (Euronext Paris: SESG) satellite sector, and Telesat, responded today to an announcement by the President of the Federal Communications Commission ("FCC") which intends to hold a public auction to free the spectrum of satellites currently licensed to C-Band Alliance members.
In a statement, the CBA explained, "The FCC President's indication of his intention to hold a public auction of the C-band spectrum is a significant departure from the market-based CBA proposal.
The original text of this announcement, written in the source language, is the official version that is authentic. The translations are offered solely for the reader's convenience and must refer to the text in the original language, which is the only legally valid one.
See the original version on businesswire.com: https://www.businesswire.com/news/home/20191118005919/it/
Markus Payer
C-Band Alliance
Communications
+1 202 450 0004 (m)
[email protected]
Richard Whiteing
SES
Investor Relations
+352 710 725 261 (o)
+352 691 898 956 (m)
[email protected]
Dianne VanBeber
C-Band Alliance
Communications
Intelsat
Vice President, Investor Relations
+1 703 559 7406 (o)
+1 703 627 5100 (m)
[email protected]
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