Eutelsat will collect $504M for clearing upper C-band airwaves under the FCC’s new US spectrum auction plan, with the cash due in 2031.

July 27 : Satellite operator Eutelsat said on Monday it expected to receive $504 million in incentive payments under a U.S. plan to free up airwaves for faster mobile and wireless…

(Corrects paragraph 3 to say SES's premarket shares are seen up 8 per cent, not Eutelsat's)July 27 : Eutelsat and SES stand to receive roughly $6.1 billion in combined payments…