C-Band 2nd-Phase Clearing Payment Should Come by October: Telesat

The nearly $260 million Telesat will receive for the second phase of its accelerated C-band clearing in the U.S. should come by October, the satellite operator said Wednesday. It said it had already received its first-phase accelerated clearing payments of $84.8 million. The FCC Wireless Bureau last week validated accelerated clearing of the lower C band by Telesat, Eutelsat and Embratel (see 2306300038).