Eutelsat to Receive $504 mn as FCC Approves C-Band Spectrum Plan to Accelerate US 5G Expansion

European satellite operator Eutelsat is set to receive $504 million in incentive payments under a new U.S. Federal Communications Commission (FCC) framework that reallocates upper C-band satellite spectrum for next-generation wireless services. The decision marks a significant milestone in the United States’ spectrum strategy while creating a multibillion-dollar financial opportunity for satellite operators participating in the transition.