Intelsat Soars as Proposal for New Airwaves Uses Progresses
- Intelsat, SES want to offer part of frequencies for mobile use
- Regulators could soon act on proposal from satellite operators
An illustration of an Intelsat satellite.
Source: Intelsat SA
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Satellite operators Intelsat SA and SES SA beam video programming from space down to TV stations and cable systems across the U.S. Now they want to let Earth-bound wireless companies hitch a ride on some of their airwaves.
If regulators go along with the plan, the Luxembourg-based companies could reap billions of dollars in fees from mobile providers such as AT&T Inc. or Verizon Communications Inc., which are constantly seeking frequencies to serve the burgeoning demand of wireless devices.