C-band debate returns Intelsat stock to whiplash mode, and SES confronts the nationality issue

by Peter B. de Selding

PARIS — Fleet operator Intelsat’s stock resumed its thrill-ride pattern in the past week with market worries that political opposition is building to the proposed private sale of C-band spectrum, threatening the anticipated multibillion-dollar payday for satellite operators.

Intelsat and SES have near-equivalent amount of the C-band business over the United States and would stand to take home about the same amount of the proceeds from the sale of 200 MHz of C-band spectrum to terrestrial wireless networks.

Eutelsat of Paris and Telesat . . .

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