$I Watch FCC Chairman Pai announcing approach to C-Band spectrum on YouTube #bullish
Ray McNamara 04:34 PM 02/05/2020
$I Chapter 11 means FCC could not revoke the licenses.
See a precedent from 2003:
"In an 8-1 decision in the case, Federal Communications Commission v. NextWave Personal Communications Inc.,2 the Court held that the FCC could not revoke the licenses even though NextWave failed to pay for them, in light of a Bankruptcy Code provision restricting government agency authority in bankruptcy cases."
$I if they file for bankruptcy, then the $14B debt holders will also fight with I to make sure they get a fair share of spectrum proceeds ....a well calculated move to threaten the FCC #bullish
David Lyons 04:30 PM 02/05/2020
$I Intelsat SA is considering a possible Chapter 11 bankruptcy filing if U.S. regulators don’t increase the amount of compensation the company would receive for giving up some of its airwaves, a person close to the company said.
Intelsat has hired bankruptcy experts at Kirkland & Ellis LLP to prepare for possible restructuring... #bullish
$I@Max-Carey Yeah, good business, but too much debt #negative
Max Carey 04:10 PM 11/18/2019
$I -40%. This is really stock of the day. Poor bulls. The company is worth 0 without private auction #sell.
David Lyons 04:38 PM 11/13/2019
$I@Max-Carey C-Band auction will still bring a ton of cash to the company. This drop creates and attractive entry point. #buy
Max Carey 03:50 PM 11/13/2019
$I What a drop! -26.8% It was not a good idea to make that strange $50m investment...
Intelsat S.A. stock price chart
About Intelsat S.A.
Intelsat S.A. operates as a satellite services company that provides diversified communications services to the media companies, fixed and wireless telecommunications operators, and data networking service providers for enterprise and mobile applications, multinational corporations, and Internet service providers.