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Intelsat May Benefit as FCC Allows Private Payments, Height Says

March 4, 2020, 1:36 PM

Intelsat and other spectrum owners may benefit after the FCC released final order on C-Band payments that was little changed, except that the agency will allow Verizon’s request for privately negotiated payments to operators outside of accelerated payment plan, Height Capital analyst Chase White wrote in a note.

  • Expects Intelsat will accept acceleration payments and “live to play another day” mainly because buyers of the mobile licenses, such as Verizon, are likely to negotiate for payments outside of FCC process in order to prevent a possible bankruptcy by Intelsat
  • FCC removing Phase 1 payment clawback plan is another positive ...