Senators Offer Bill Limiting Intelsat Payout for C-Band

Bill introduced today in U.S. Senate proposes limited payout to satellite companies such as Intelsat and SES that vacate C-band airwaves.

• Bill would establish $6b fund for paying relocation expenses and incentive payments to move off frequencies in a timely fashion, according to copy of bill obtained by Bloomberg News
• Bill is sponsored by Democrats Maria Cantwell, Brian Schatz and Republican John Kennedy
• Bill calls for $5b for deficit reduction, and rest of funds raised at auction for advanced 911 emergency calling services and rural broadband
• C-Band Alliance, group including Intelsat and SES, in Jan. 26 filing says airwaves ...