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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Intelsat SA | NYSE:I | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.3826 | 0 | 01:00:00 |
-- AT&T Inc.'s (T) DirecTV said its Spaceway-1 satellite "suffered a major anomaly" causing battery damage, and warned that "battery cells could burst," CNBC reported. The satellite is operated by Intelsat SA (I) and was built by Boeing Co. (BA).
-- DirecTV is seeking permission from the Federal Communications Commission to remove the satellite from orbit, CNBC reported.
-- Boeing told CNBC that the issue "occurred in the course of beyond-contract-life operation after a collection of events that have a very low likelihood of occurring on other satellites." AT&T said the satellite will be replaced and the company doesn't expect the problem to affect service, CNBC reported.
www.cnbc.com/2020/01/23/boeing-built-directv-satellite-may-explode-after-damage-to-batteries.html
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
January 23, 2020 19:32 ET (00:32 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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