Intelsat's stock soars after FCC chair Pai says he wants to monetise C-band in US

摘要

Intelsat's (NYSE:I) stock got a boost following statements by FCC chair Ajit Pai to make the 3.7-4.2 GHz band available for commercial terrestrial use as part of a plan to accelerate 5G in the US. "This is a large chunk of spectrum that holds much potential for wireless service," Pai said of the band during Mobile World Congress in Barcelona.