![]() ![]() SES will install filters and other ancillary equipment at about 500 sites in 2022, comparable to the activities executed during Phase I, and will earn up to an additional $170m from Verizon, subject to delivering the clearing on a timeline agreed to by the parties. The agreement will see SES expand Verizon’s access to the 3700-3800 MHz block in certain markets beyond the 46 Partial Economic Areas cleared in Phase I and earlier than the Phase II accelerated relocation deadline. To meet the Phase II deadline of 5 December 2023, SES is working to relocate its existing services from the 3700-4000 MHz band and complete equipment changes for Incumbent Earth Stations across the entire contiguous US, a move that it expects to see it earn an additional $3bn in accelerated relocation payments. ![]() ![]() SES completed its Phase I accelerated C-band clearing ahead the first FCC deadline on 5 December 2021, what it regards as a critical step in meeting the commission’s objectives to rapidly roll out 5G services across the US, and as a result earned almost $1bn in accelerated relocation payments. ![]() The deal with Verizon is designed to expand the US-based mobile carrier’s access to a portion of the C-band (3700-3800 MHz) in important regions across the US, earlier than the relocation deadlines set out in the US Federal Communication Commission’s (FCC’s) C-Band Report and Order. ![]()
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