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Re: None

Wednesday, 01/15/2020 5:43:54 PM

Wednesday, January 15, 2020 5:43:54 PM

Post# of 990
Crunchy morsel.
"Finally, attempting to unilaterally transition the C-band through Section 316 would also be unlawful because it would cause the United States to violate its international obligations under the International Telecommunications Satellite Organization (“ITSO”) Agreement.54 The ITSO Agreement provides that the FCC must license the C-band downlink frequencies to Intelsat until the company “waives such frequency assignment(s), [or] uses such assignment(s) in ways other than those set forth in this Agreement....”55 Because an involuntary C-band transition would reassign Intelsat’s licensed C-band frequencies without those conditions having been met, it would violate the Agreement and thus effect a fundamental change to Intelsat’s licenses. For the same reason, an involuntary C-band transition would also fail to ensure that the ITSO Agreement is “more fully complied with” as required by Section 316.56"

All posts are opinions. I only take long positions on securities. Not a professional by any stretch.

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