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Quantum Service 'Imminent': Eutelsat

Broadcast revenue is hurting from the COVID-19 slowdown, but there are signs of a return to normal, with more commercial activity in Europe, Eutelsat said Thursday, announcing quarterly results. It said its Quantum geostationary satellite, launched in July, is getting…

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"a strong pipeline of interest as it prepares for its imminent entry into service." It expects to receive $125 million around the turn of the year for its U.S. C-band Phase I accelerated clearing, saying Phase 2 clearing is "on track."