Shares of satellite stock Intelstat were being demolished in Monday’s trading session, heading 40% lower on the FCC’s 5G decision. FCC Chairman Ajit Pai said in a tweet that his agency “must free up significant spectrum” for 5G telecommunications. The agency expects to begin a public auction of C-band to happen before the end of … Continue reading “Intelstat Plummets 40% after FCC Made This Decision”
