Bloomberg

Virtual School Leaves Kids Behind, Sparking New Broadband Push

The Covid-19 crisis, by laying bare the so-called “digital divide” at school systems and communities across the country, may achieve what years of lobbying by interest groups has failed to deliver: significant new federal funding to narrow the gap. A growing number of politicians of both parties in Washington are coming to agree.

Once Bankrupt, Tiny Broadband Company Ligado Thrives in the Trump Era

Ligado Networks LLC overcame powerful opposition to its proposed broadband network with some help from inside-the-Beltway figures close to President Donald Trump’s White House. The Reston (VA)-based company prevailed with a costly persuasion campaign overseen by a blue-chip roster of lobbyists and board members.

Intelsat Seeks Bankruptcy Loan While Awaiting Key Spectrum Sale

Intelsat is seeking backers for a bankruptcy loan that would keep the satellite service in business under Chapter 11 court protection while it’s waiting for billions of dollars in proceeds from a government spectrum auction. A Chapter 11 bankruptcy filing would allow Intelsat to address its $14 billion debt load as federal regulators head toward an auction of C-Band satellite spectrum. Intelsat needs to spend $1.5 billion to $2.5 billion to prepare its spectrum for sale, and it could net up to $4.8 billion for handing over its C-Band by certain deadlines.