Source snapshotPublisher wording captured Jul 27, 2026, 7:06 AM
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(Corrects paragraph 3 to say SES's premarket shares are seen up 8 per cent, not Eutelsat's)
July 27 : Eutelsat and SES stand to receive roughly $6.1 billion in combined payments for helping clear satellite spectrum for U.S. wireless services, they said on Monday.
Eutelsat expects $504 million in pre-tax payments, while SES expects about $5.6 billion, under a Federal Communications Commission plan to make part of the C-band spectrum available for mobile networks.
Federal Communications Commission has approved a framework to move satellite services out of part of the C-band radio spectrum, allowing 160 megahertz of capacity to be used by telecoms companies for next-generation wireless networks.
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