Satellite operators have welcomed the prospect of reaping more than $6 billion for quickly clearing upper C-band spectrum the FCC aims to auction next year, with billions more set to cover new geostationary spacecraft and other transition costs.

SES Statement On FCC Upper C-band Auction Decision

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.