Intelsat’s Q2 numbers saw revenues for the quarter-year to June 30th at $507.86 million (€428m), up 5.4 per cent over last year’s $482.03 million same period. Intelsat is trading as a ‘debtor in possession’ (DIP) while it moves through its Chapter 11 bankruptcy reconstruction. Intelsat’s Media division revenue was $184.2 million (or 36 per cent […]
Another clutch of legal Motions were filed on August 2nd to Intelsat’s bankruptcy court by both parties in the bitter dispute between SES and Intelsat. Lawyers for Intelsat filed their Motion for the court to dismiss the SES demand for Summary Judgement in the SES claim, which – in essence – is demanding a 50/50 […]
Intelsat is seeking regulatory approval to shift ownership of its JCSAT-RA satellite to Japan’s JSAT SkyPerfect. Intelsat and SkyPerfect have had a commercial agreement over usage of the satellite, but Intelsat says that because of its 2018 launch of its Horizons 3e satellite to the 169 degree East orbital slot, it no longer needs JCSAT-RA […]
Three sets of Intelsat-related court actions will come before the courts during August. August 18th will see the adjourned hearing on Intelsat’s Chapter 11 bankruptcy disclosure statement take place. It will take place at the US bankruptcy court for the Eastern District of Virginia. The hearing will focus on Intelsat’s bankruptcy reorganisation/exit scheme filed before […]
Intelsat’s recently acquired Gogo Commercial Aviation division has fitted the first “factory installed” 2Ku satellite in-flight communications and entertainment system on an Airbus A320neo aircraft. The 2Ku system was installed by Airbus at its factory in Hamburg, Germany as part of its High Bandwidth Connectivity Service (HBCS) and delivered to Cathay Pacific. The Intelsat 2Ku […]
SES has filed various Motions in front of Intelsat’s bankruptcy court ahead of a planned hearing on the SES application for a summary judgement in its case for a 50/50 split of the FCC’s incentive payments. The FCC payments are in respect of the C-band reallocation over the US. Some of the key elements in […]
Intelsat has announced that Gogo Commercial Aviation, a business it acquired in December 2020, is dropping the Gogo name and is now called Intelsat. With its acquisition of Gogo’s Commercial Aviation division, Intelsat says it became the “world’s leading provider of inflight broadband connectivity to the commercial aviation industry”. The integration means that Intelsat now […]
Intelsat, currently trading as a Debtor in Possession under Chapter 11 rules, has asked its bankruptcy court to start hearing its Disclosure Statement on August 11th. The original wish was for the hearing to take place on July 27th, but that now looks likely to be postponed until August 11th, given that 28 says notice […]
Intelsat, currently managing its way as a Debtor in Possession of its Chapter 11 bankruptcy restructuring process, has asked its court to confirm its June 23rd appointment of a restructuring advisor. Intelsat requested the bankruptcy court’s permission on July 2nd to retain Portage Point Advisors LLC to render independent financial advisory services at the sole […]
Intelsat’s Media Market Watch states that traditional pay-TV viewing in the Asia-Pacific region is “leading the way” in revenue generation for operators. Intelsat’s study (via AVIA and S&P Global) states that it is the largest pay-TV region in the world with 17 key markets and some 655 million subscribers. It states that Multichannel cable households […]