I - Intelsat S.A.: Recent Price Weakness Provides Attractive Entry Point As FCC Proceeding Gains Momentum

Since our last article on Intelsat (NYSE: I), newsflow has continued to trend positively and point to major positive catalysts over the course of 2018, yet Intelsat shares have tumbled from the mid $20s to the mid teens. In this article, we provide updates to our thesis and timeline; for background, please also see our original report and 2018 update.

Commissioner Support

The Federal Communications Commission oversees spectrum policy, so it’s important to understand the thinking of current FCC commissioners. Spectrum policy is a complex, esoteric subject and Congress and other political participants