Hold Intelsat to Commitments: ITSO
Condition FCC OK of Intelsat's emergence from bankruptcy on the company honoring its commitments, including funding the International Telecommunications Satellite Organization, the group said in docket 21-375 Monday. Intelsat's privatization was contingent on public service obligations, but the company "has used its bankruptcy proceeding as both a sword and a shield to completely undermine those principles and commitments," ITSO said. Intelsat didn't comment Tuesday.