FCC approves Intelsat’s plan to emerge from bankruptcy

By Hailey Konnath (February 17, 2022, 9:24 PM EST) — The Federal Communications Commission on Wednesday gave its blessing to Intelsat SA’s plan to exit Chapter 11, concluding that a transfer of control of the satellite operator bankrupt business to a planned new parent company is in the public interest.

FCC International Bureau Chief Thomas P. Sullivan, Acting Bureau of Wireless Telecommunications Chief Joel D. Taubenblatt, and Acting Bureau of Engineering and Technology Chief Ronald T. Repasi signed an order authorizing Intelsat’s requests to consent to the assignment and transfer of control of the authorizations from the old company to the new parent company.

According to the order, the FCC…

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