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Re: None

Wednesday, 02/05/2020 6:55:42 PM

Wednesday, February 05, 2020 6:55:42 PM

Post# of 990
This was totally a strategic move by Intelsat to put more pressure on FCC to provide an acceptable incentive if they want to move quickly toward 5G in U.S.

https://www.bloomberg.com/news/articles/2020-02-05/intelsat-said-to-weigh-chapter-11-among-options-on-c-band-plan

The Chapter 11 filing would delay the U.S. Federal Communications Commission plan to move forward with an auction of the so-called C-band airwaves because Intelsat assets would be entangled in court proceedings, the person said.

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