Monday, 27 July

Monday, 27 July2026

Sky-High Payday: Satellite Giants Bag $6.1 Billion to Clear U.S. Frequencies

By TechShots Studio
Sky-High Payday: Satellite Giants Bag $6.1 Billion to Clear U.S. Frequencies
European satellite operators Eutelsat and SES are set to receive roughly $6.1 billion in combined incentive payments for clearing 160 megahertz of C-band spectrum for U.S. mobile networks. Under an FCC framework, SES expects $5.6 billion while Eutelsat stands to get $504 million. Payouts depend on meeting spectrum transition deadlines in 2030 and 2031 while maintaining uninterrupted customer services.
Read full story at REUTERS

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