Path for Intelsat reorganization emerges amid court hearing, spectrum clearing

Intelsat and SES to receive $2 billion in combined first phase reimbursement for C-band

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Intelsat (OTC:INTEQ) will be in bankruptcy court Thursday for approval of its chapter 11 process as the company recently met a regulatory deadline with bearing on its reorganization. The Federal Communications Commission (FCC) in November validated that Intelsat and SES (EPA:SESG) vacated 120 MHz of spectrum — the largest swath of C-band — putting more […]

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