Europe's Eutelsat, SES set for $6 billion in US spectrum-clearing payments

July 27 : Eutelsat and SES stand to receive roughly $6.1 billion in combined payments for helping clear satellite spectrum for U.S. wireless services, they said on Monday.Eutelsat expects $504 million in pre-tax payments, while SES expects about $5.6 billion, under a Federal Communications Commission plan to make part of the C-band spectrum available for mobile networks.Eutelsat shares were seen rising 8 per cent in premarket trading.The U.S. Federal Communications Commission has approved a framework to move satellite services out of part of the C-band radio spectrum, allowing 160 megahertz of capacity to be used by telecoms companies for next-generation wireless networks.The payments depend on the companies moving satellite services from the spectrum by deadlines in 2030 and 2031, while k