Intelsat competitor SES Americom Inc, which says Intelsat owes it $421 million under an agreement to split the FCC payments, also filed an objection, opens new tab. SES argues that the U.S. unit with which it signed the agreement is central to the company's overall operations and is entitled to far more than the 4.5% of the FCC payments that it's set to receive under the plan. A larger chunk of the FCC payments would result in higher payouts to SES, which says it is currently in line for pennies on the dollar.