(Bloomberg) — A cryptic tweet by Federal Communications Commissioner Brendan Carr is adding mystery to the Intelsat SA drama as FCC Chairman Ajit Pai is expected to unveil the agency’s plans for C-band airwaves on Thursday.Some investors speculated what Carr meant when he said “a lot can change in 24 hours.” When reached by email, Carr told Bloomberg it “was just a waffle tweet” and had “no more meaning.”Pai is set to announce plans for an auction of C-band spectrum and a key issue is how much to pay satellite providers including Intelsat and SES SA. New Street Research said …read more
Source:: Yahoo Finance
