$2.39B in Accelerated C-Band Clearing Payments Made So Far: Clearinghouse
The C-band Relocation Payment Clearinghouse paid out $2.39 billion by the end of March to satellite operators in Phase I accelerated relocation payments, it told the FCC in a docket 18-122 quarterly report Monday. It said it continues to accept…
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and review claims for lump sum payments and claims for C-band relocation cost reimbursements. It said it had received 1,191 claims totaling $1.87 billion by March 31, including 1,058 earth station operator lump sum claims for $184 million and 129 satellite operator claims for $1.69 billion. It said 794 approved claims for $55.5 million were sent to the overlay licensees for lump sum payments and relocation cost reimbursements. It said it approved 69% of lump sum claims received by March 31.