. He's using his position to pressure the company to renegotiate terms in a deal it's facing with the Federal Communications Commission.
It was welcome relief for the otherwise embattled stock, which was down 77.9% since November 18 of last year. That's the day Ajit Pai, chairman of the FCC, said on Twitter that the commission would auction off part of satellite operators' spectrum, some of which Intelsat owns, to be used for 5G. "We are disappointed, to say the least, with the Board's and managment's apparent acquiescence to the broad terms of the FCC's latest proposal," Tepper wrote.
"The token compensation offered to Intelsat is an affront," especially when compared to similar deals reached over the past 10 years, he wrote.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Business Insider Intelligence - Business InsiderThe article was interesting, but the title... 🤦♂️🙅♂️ Divorce is never a good thing, it’s never a positive and should not be celebrated. That means one or both parties for whatever reason failed the other. sometimes they don;t even need any promotion at all ! Liberation , freedom is all they need !!
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
PRESENTING: The 31 buzziest logistics startups that VCs are watching in 2020 - Business InsiderRead Business Insider's exclusive, VC-sourced roundup of the buzziest logistics startups in the coming year.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Jeff Bezos pledges billions to fight climate change but critics slam Amazon's packaging - Business InsiderJeff Bezos has pledged $10 billion to fight climate change via a new initiative called the Bezos Earth Fund, which was announced on Monday. My Amazon purchases come in one cardboard box. Not sure that could be believed to be 'unnecessary' packaging. Uniformed blogger wrote that article without investigation why is that happening. PlasticWatching Do you think all the AmazonHelp feedback might FINALLY be heeded?!?
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Jeff Bezos says he's giving $10 billion to fight climate change - Business InsiderThe richest man in the world is giving about 7.7% of his $129.9 billion net worth to launch the Bezos Earth Fund, he announced on Instagram on Monday. Here comes the criticism He must give me 0.1% of his wealth. My problems would go away. That’s great. Now we’ll just wait for him to announce his run for president in 2024
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
SUCCESS INSIDER: Poshmark, college, Bob Iger, Ben & Jerry's - Business InsiderOur regular newsletter for getting things done. Like quitting your full-time job and starting a successful side business. I won't ever be successful because I need to pay your prime membership 🤔 If there was an 11th, it would teach you that unless you lack fundamental business knowledge, you should stop reading business books looking for a formula for success. It doesn't exist. You need to carve your own path / develop your own models. I did without books Maybe with the sky will be the limit
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »