SESGL SES SA FDR (Class A)

SES and Telesat Applaud FCC’s Final C-band Report and Order

SES and Telesat, as founding members of the C-Band Alliance, again thank Chairman Ajit Pai and the Commission for their leadership and enormous efforts leading up to release of the final C-band Report and Order.

This press release features multimedia. View the full release here:

SES and Telesat Applaud FCC’s Final C-band Report and Order (Photo: Business Wire)

SES and Telesat Applaud FCC’s Final C-band Report and Order (Photo: Business Wire)

Importantly, in the final order the FCC made necessary changes to the transition process to ensure effective and efficient clearing while maintaining the general allocation of acceleration payments from the draft order.

We congratulate the Commission on striking the right balance to ensure accelerated access to the spectrum with appropriate incentives, providing an effective transition framework, and adequately protecting critical satellite services for customers and earth station operators.

About SES

SES has a bold vision to deliver amazing experiences everywhere on earth by distributing the highest quality video content and providing seamless connectivity around the world. As the leader in global content connectivity solutions, SES operates the world’s only multi-orbit constellation of satellites with the unique combination of global coverage and high performance, including the commercially-proven, low-latency Medium Earth Orbit O3b system. By leveraging a vast and intelligent, cloud-enabled network, SES is able to deliver high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to the world’s leading telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners. SES’s video network carries over 8,300 channels and has an unparalleled reach of over 355 million households, delivering managed media services for both linear and non-linear content. The company is listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: .

About Telesat

Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat has grown to be one of the largest and most successful global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world’s most complex communications challenges, providing powerful advantages that improve their operations and drive growth. Telesat LEO, our Low Earth Orbit network scheduled to begin service in 2022, will revolutionize global broadband connectivity by delivering a combination of high capacity, security, resiliency and affordability with ultra-low latency and fiber-like speeds.

Privately held and headquartered in Ottawa, Canada with offices and facilities around the world, Telesat’s principal shareholders are Canada’s Public Sector Pension Investment Board and Loral Space & Communications Inc. (NASDAQ:LORL). For more information, visit .

EN
04/03/2020

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