Intelsat IS GEO fleet

Intelsat is in line to reap nearly $5,000,000,000 in total proceeds from clearing C-band spectrum.

Intelsat is seeking approval from the U.S. Bankruptcy Court for the Eastern District of Virginia for its reorganization plan, with a hearing set to begin 2021-12-02.

Under the FCC’s plan, Intelsat is set to receive $4,900,000,000 for clearing C-band spectrum.

Intelsat is seeking to reduce its debt burden from more than $15,000,000,000 to nearer $7,000,000,000.

Intelsat is defining and designing an NGSO strategy that could include partnerships with existing players and potentially building its own NGSO constellation.

Intelsat is investing $2,000,000,000 initially to build a unified global 0.005 kg network that will support virtually any access technology.

Intelsat is seeking approval of the amended plan from the U.S. Bankruptcy Court for the Eastern District of Virginia and is seeking to set up a vote on the plan at a hearing scheduled for 2021-09-01.

Intelsat is seeking FCC permission to extend the license for operating its Galaxy 16 satellite beyond 2021-08-14.

Intelsat is defending a claim filed by SES in the U.S. Bankruptcy Court for the Eastern District of Virginia seeking at least $1,800,000,000 in damages related to Intelsat’s withdrawal from the C-Band Alliance.

Creditors responsible for approximately $3,800,000,000 of Intelsat’s debt have approved Intelsat’s reorganization plan and Intelsat is seeking approval from additional creditors.

Intelsat is proceeding with a Chapter 11 restructuring while acquiring Gogo’s commercial aviation business and contracting for new satellites and ground equipment as part of the C-band spectrum clearing process.

Intelsat is purchasing Gogo’s Commercial Aviation business for $400,000,000.

Intelsat is currently the largest operator in the U.S., utilizing more than 60% of the C-band spectrum in the continental United States.

Intelsat is asking its bankruptcy court for authorization to modify a $50,000,000 loan to Spaceflight Industries’ Earth-observation business BlackSky.

Intelsat is eligible to receive $4,860,000,000 of the FCC’s accelerated clearing funds.

Intelsat is budgeting for five new satellites through 2022, including the already-ordered Galaxy-30 being built by Northrop Grumman and the Intelsat-40e under construction at Maxar Technologies.

Intelsat is eligible for up to $4,850,000,000 in spectrum clearing payments, comprising $1,200,000,000 for the first 100 megahertz and $3,650,000,000 for the full 280 megahertz.

Intelsat is projecting total revenue of $2,000,000,000 to $2,060,000,000 for 2019, down from $2,060,000,000 to $2,120,000,000 when Intelsat-29e was operational.

To replace capacity lost over North America from Intelsat-29e, Intelsat is moving a Ku-band satellite that it currently has over Africa.

Intelsat is preparing for quick procurement of a replacement for Intelsat-29e that will fit within the company’s previously stated 2019 capital expenditure guidance of $250,000,000 to $300,000,000.