SES welcomes FCC approval of Upper C-band auction plan, eyes $5.6 billion incentive payments

• SES backed the FCC’s Upper C-band order to auction 160 MHz for flexible-use wireless services in the contiguous US.
• Gross incentive payments of about $5.6 billion hinge on meeting spectrum-clearing deadlines in 2030 and 2031.
• The auction must finish by July 2027.
• The order reaffirmed reimbursement of approved Upper C-band transition costs, which SES expects to support faster execution and lower financing expenses.
• CEO Adel Al-Saleh said SES will work with stakeholders to repurpose spectrum while maintaining substantially the same service for C-band customers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SES SA published the original content used to generate this news brief on July 26, 2026, and is solely responsible for the information contained therein.