SINGAPORE -- Memo to satellite fleet operators Intelsat and SES: Your proposal to cede some of your C-band spectrum in the United States to mobile terrestrial users in return for cash compensation, a proposal that Wall Street is speculating could generate a multibillion-dollar windfall for you, has won no friends in Asia.
Operators there fear a domino effect as in Asia as regulators here copy the U.S. move, assuming the U.S. Federal Communications Commission (FCC) agrees to the proposal. That is unlikely to be known before early 2019, but already Asian operators say they see . . .
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