Intelsat is a multinational satellite services provider, delivering services to commercial, governmental, and military organizations. Operating one of the world's largest integrated satellite and terrestrial networks, the company offers video broadcasting, broadband connectivity, and secure satellite communications. Intelsat partners with organizations like Vodafone, Gilat Satellite Networks, and SKY Perfect JSAT Corporation, and works with launch providers such as Arianespace and International Launch Services to manage its satellite program from design and construction through launch and in-orbit operations.
All verified mentions of this organization in source documents.
Intelsat’s IS-10-02 provides broadband and media distribution services across Europe, the Middle East, Africa, and South America.
MEV-1, the predecessor to MEV-2, attached to Intelsat’s IS-901 and lifted that satellite out of geostationary graveyard orbit to return it to service on 2020-04-02.
The Intelsat IFC survey identified Wi-Fi session prices as the top impediment to increasing IFC take rates, with 44 percent of respondents selecting this barrier.
The Intelsat IFC survey showed that 65 percent of respondents agree that industry unification leads to simplified IFC service options.
Intelsat revealed a restructuring plan on 2021-02-12 that would reduce its debt load to about $7,000,000,000.
Intelsat’s network services division revenue fell 12% to $677,400,000 in 2020 compared with 2019.
SES objected to Intelsat’s restructuring plan in a bankruptcy court document filed 2021-03-31, partly because of how the plan affects SES’s ability to access C-band proceeds.
Intelsat withdrew from the C-Band Alliance after the FCC announced a public auction-based approach to C-band clearing rather than a private process run by alliance members.
Intelsat planned to use C-band clearing proceeds to help the company bridge to growth markets and to exit Chapter 11 in the second half of 2021.
Intelsat reported $1,910,000,000 in revenue for 2020.
Intelsat could receive around $4,900,000,000 in cash if it meets accelerated regulatory deadlines for clearing C-band frequencies.
Intelsat’s government division revenue climbed 4% to $392,600,000 in 2020 and represented about 21% of total revenue.
SES filed legal action seeking at least $1,800,000,000 in damages following Intelsat’s withdrawal from the C-Band Alliance.
Holders of about $3,800,000,000 of Intelsat’s debt supported the company’s 2021-02-12 restructuring plan.
Intelsat’s media revenue fell 8% to $812,500,000 in 2020 and represented 42% of total sales.
Intelsat’s adjusted EBITDA fell to $1,280,000,000 in 2020 from $1,480,000,000 in 2019.
Intelsat reported $2,060,000,000 in revenue for 2019.
Intelsat used Chapter 11 proceedings to free up funding to buy seven satellites to help clear C-band spectrum for terrestrial 0.005 kg networks in the U.S.
Intelsat closed its $400,000,000 acquisition of Gogo’s commercial aviation business on 2020-12-01.
Gogo sold the commercial aviation part of its company to Intelsat for $400,000,000.