All verified mentions of this organization in source documents.
Holders of about $3,800,000,000 of Intelsat’s debt supported the company’s 2021-02-12 restructuring plan.
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 closed its $400,000,000 acquisition of Gogo’s commercial aviation business on 2020-12-01.
Intelsat’s media revenue fell 8% to $812,500,000 in 2020 and represented 42% of total sales.
Intelsat revealed a restructuring plan on 2021-02-12 that would reduce its debt load to about $7,000,000,000.
Intelsat’s adjusted EBITDA fell to $1,280,000,000 in 2020 from $1,480,000,000 in 2019.
Intelsat’s government division revenue climbed 4% to $392,600,000 in 2020 and represented about 21% of total revenue.
Gogo sold the commercial aviation part of its company to Intelsat for $400,000,000.
Intelsat signed a contract with Airbus at the end of 2020 for two satellites.
Intelsat acquired part of in-flight connectivity provider Gogo while Chapter 11 obstacles were present.
Intelsat acquired Gogo’s Commercial Aviation business as part of its investment into the service business.
Intelsat acquired Gogo's in-flight connectivity business as part of its consolidation efforts.
The bankruptcy court postponed a 2021-03-17 hearing in the SES action against Intelsat over SES’s $1,800,000,000 claim.
Northrop Grumman’s Mission Extension Vehicle-2 (MEV-2) is performing a proximity operations mission to Intelsat 10-02.
MEV-2 must operate cautiously because Intelsat 10-02 is still an active, working satellite.
MEV-2 is contracted to extend Intelsat 10-02’s operational life by five years, eliminating the immediate need to replace the satellite.
MEV-2 has spent several days conducting close-up systems tests while approaching Intelsat 10-02.
SES is claiming $1,800,000,000 from Intelsat for alleged unfair practices during the C-Band Alliance process and the division of the FCC’s incentive payments.
Intelsat 10-02 has been operating since 2004.