FCC Signaling Low Payout for Intelsat and SES at Auction (2)

Regulators are signaling that they plan to limit payments to satellite providers including Intelsat SA and SES SA for giving up airwaves that will be redeployed for mobile broadband, people briefed on the matter said.

Staff of the U.S. Federal Communications Commission has privately said current plans call for payments of less than $10 billion to be shared by the satellite providers, according to three people who asked not to be named because the matter hasn’t been made public.FCC Chairman Ajit Pai declined to comment on the agency’s plan at a news conference following a monthly meeting of the agency. ...