Intelsat’s new chair is Lisa Hammitt, a computer scientist with a track record at IBM where she led strategy in artificial intelligence (AI) and later ran its Watson project. Until 2020 she was global VP of data and AI at credit card company Visa. Current CEO Steve Spengler will remain on the board for the […]
Intelsat has successfully demonstrated a private cellular network with Microsoft Azure’s Private Multi-Access Edge Compute and FlexEnterprise, Intelsat’s satellite-based global connectivity service. Held at Intelsat’s office in McLean, VA, the demonstration successfully establishes a reference architecture for deploying secure, high-performance private LTE and 5G networks and other cloud services over satellite networks to enterprise locations […]
Intelsat has formally confirmed its emergence from Chapter 11 reconstruction. The satellite operator said it had emerged as a private company with a substantially strengthened capital structure to support its growth as the leader in satellite communications. This final milestone follows receipt of regulatory approvals, completion of certain corporate actions, and satisfaction of other customary […]
The FCC has approved Intelsat’s exit from Chapter 11 bankruptcy and the transfer of the ‘old’ company’s ‘debtor in possession’ (DIP) assets to the newly established parent business based in Luxembourg. The FCC’s International Bureau chief Thomas Sullivan said the transfer was in the public interest and approved the request. The FCC ruling explains the […]
The SES vs Intelsat 50/50 trial over FCC C-band incentive payments has finished its initial examination and cross examination of witnesses. Far fewer witnesses were called by either party and consequently the hearings lasted just 6 full days instead of the 10-12 initially expected. Judge Keith Phillips ruled that both parties must submit their “findings […]
The hearing of the litigation between SES and Intelsat in front of Judge Keith Phillips is now well into its second week. The dispute concerns the division of FCC ‘incentive’ payments. SES is claiming 50 per cent of the FCC’s allocation of payments, plus damages against Intelsat.. One of the many Intelsat lawyers on the […]
Integrated satellite and terrestrial network operator Intelsat has signed a contract with satellite telecommunications provider Hungaro DigiTel to assist the company in its expansion of digital television distribution services for TV2 Hungary. Hungaro DigiTel will distribute 14 additional TV channels in Hungary and the neighbouring countries. They will leverage Intelsat’s 1West satellite neighbourhood over Hungary […]
The 50/50 legal action between SES and Intelsat continues. SES, in a statement, reminded interested parties as to its claims and core argument. SES originally sought $421 million in direct compensatory damages as well as punitive damages for a total claim of about $1.8 billion. Under a settlement related to Intelsat’s exit plan from its […]
Steve Collar, CEO of SES, told the SES vs Intelsat trial currently taking place that he trusted and liked Intelsat’s CEO Steve Spengler. “He was a good guy. I liked him, and I trusted his assurance that [the 50/50 revenue agreement] between SES and Intelsat was solid,” said Collar. He told the court that it […]
SES and Eutelsat, Europe’s pair of important satellite operators, have come under the microscope from investment bank Exane/BNPP. SES comes out of the report well. Eutelsat, less so. The bank forecasts that by 2024 it estimates that SES could be 24 per cent ahead in terms of its EBITDA numbers and therefore with a 45 […]