Satellite operators’ shares plummet as FCC plumbs for public 5G spectrum auctions

You win some, you lose… 75 per cent of your share value

The shares of satellite operators continued to plummet today after it became clear that the Federal Communications Commission (FCC) was going to seize valuable spectrum off them and resell it to mobile phone companies.…

via The Register - Data Centre: Networks
https://go.theregister.co.uk/feed/www.theregister.co.uk/2019/11/20/satellite_operators_shares_plummet_as_fcc_plumbs_for_public_5g_spectrum_auctions/