Eutelsat (Neutral, €3.0, +72%) Another C-band clearing process?
Yesterday, Brendan Carr (new FCC Chairman) announced that the FCC “will vote on a notice of inquiry that asks whether the Commission should open up additional portions of the C-band (3.98-4.2 GHz) for more intensive use” at their February meeting. In this Quick Take, we discuss implications for Eutelsat.Eutelsat Communications is a private telecommunications satellite operator involved in the design, establishment, operation and maintenance of satellite telecommunications systems covering a large geographical area (extended Europe (including North Africa and the Middle East), sub-Saharan Africa, parts of America and Asia). Co. provides its customers broadcasting capacity and associated services to transmit TV programmes via satellite, cable or Internet Protocol (IP) networks. As of June 30, 2013, Co. owned and operated 31 satellites in geostationary orbit and 4 satellites in inclined orbit.
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