Intelsat Good BUY? or GOODBYE?

Intelsat has taken a very large hit to their share price due to Covid-19 and C-Band spectrum battle: fool.com/investing/2020/02/28/why-intelsat-stock-just-dropped-115.aspx
But does all this warrant a staggering ~95% drop in their stock? I certainly do not think so therefore, I am entering a small position for a long-term long play.