(CercleFinance.com) – SES announces that it has reached an agreement with Verizon Communications to extend the US-based mobile operator’s access to part of the C-band in certain areas of the United States before the U.S. Federal Communication Commission (FCC) C-band timelines.
SES has already completed its Phase I accelerated C-band release ahead of the FCC’s first deadline of December 5, 2021 and is working to move its existing services from the 3700-4000 MHz band within the Phase II deadline. of December 5, 2023.
This new agreement will allow SES to extend Verizon’s access to the 3700-3800 MHz block in certain markets.
As part of this, SES will install filters and other ancillary equipment at approximately 500 sites in 2022 and will receive payment from Verizon of up to $170 million subject to delivery within the timeframe agreed to by the parties.
Copyright © 2022 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
