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Intelsat files for Chapter 11 protection to restructure debt

Thursday 14 May 2020 | 09:14 CET | News
Intelsat has filed for Chapter 11 bankruptcy protection in the US in order to restructure its debt. The company said it needs to free up cash in order to start on clearing its C band spectrum in the US for 5G and qualify for the associated transition payments. 

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Categories: Broadcast & Satellite
Companies: Intelsat
Countries: United States / World
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