I

Intelsat S.A.

TMT, Event Driven/Special Sit


Presented:03/01/2019
Price:$23.35
Cap:$3.22B
Current Price:$0.00
Cap:$0.00B

Presented

Date03/01/2019
Price$23.35
Market Cap$3.22B
Ent Value$16.49B
P/E RatioN/A
Book ValueN/A
Div Yield0%
Shares O/S138.07M
Ave Daily Vol2,102,941
Short Int21.73%

Current

Price$0.00
Market Cap$0.00B
Intelsat SA provides satellite services business, which provides a layer in the global communications infrastructure. It offers communication services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications, multinational corporations and ISPs. The company also provides commercial satellite capacity to the U.S. government and other select military organizations and their contractors. Intelsat was founded on July 8, 2011 and is headquartered in Luxembourg.

Publicly traded companies mentioned herein: AT&T Inc (T), Eutelsat Communications SA (ETL FP), Intelsat SA (I), SES SA (SESG FP), T-Mobile US Inc (TMUS), Verizon Communications Inc (VZ)

Highlights:

The presenter is long shares of Intelsat (I) due to the belief that its C-band spectrum is undervalued, and the momentum seen with the FCC’s review of the proposal to repurpose this spectrum for 5G is likely to come to a head within 3 – 4 months (by the end of June ‘19). Intelsat and SES, which control >90% of C-band spectrum in the US, support repurposing a total of 180 MHz of C-band to mobile network operators and internet service providers.

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Idea Discussion

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