My logic is this.
Even if the FCC does a public auction (they aren't) it would take far to long to move the current riders off their horses to keep with the 'fast' 5G rollout.
From speculation I have been reading by industry members, there would be lawsuits ad infinitum and when it comes down to it, even 'if' the FCC just moved forward with the band. What incentive do companies like Intelsat have to press the buttons and cut the wires?
Either way, Intelsat is going to get a WINDFALL of capital to re-position their debts and get fresh terms. I wouldn't be surprised if there are mergers to keep the bandwidth for their current customers intact and with a much better looking balance sheet to get the capital.
My contrarian self is heavily into 'I'.
All posts are opinions. I only take long positions on securities. Not a professional by any stretch.
