The $1.8 billion legal claim by SES on Intelsat concerning the SES claim on the split of FCC’s C-band incentive payments rumbles on, but with some tough comments from an SES submission to Intelsat’s bankruptcy court. SES filed its further motion with Intelsat’s bankruptcy court on March 3rd and wants the court to determine which […]
More detail has emerged from Intelsat’s 195-page filing to its Chapter 11 bankruptcy court and addressing its plan to emerge from bankruptcy. Intelsat is looking for approval which would result in it cutting its debt obligations by about half from today’s near-$15 billion to $7 billion. The statement to the court includes and outlines the […]
Intelsat says it has received backing from some of its creditors – holding some $3.8 billion of the company’s debt – to reduce its overall debt by some 53 per cent from around $15 billion to $7 billion. As at September 30th the company owed $14.4 billion to its creditors. Intelsat has filed its Plan […]
It was always expected that there could be extra payments to the C-band satellite operators once the FCC-organised auction had shown the strength of demand for spectrum. The four key players (Intelsat, SES, Telesat and Eutelsat) are already in line to share around $10 billion in FCC-authorised “incentives” for clearing their C-band satellite spectrum. With […]
Intelsat has brought its latest satellite, Galaxy-30, into service. The satellite is now providing Intelsat customers in North America with high-performance television-distribution services. In 2020 Intelsat announced plans to procure, build and launch seven C-band satellites over the next few years. Earlier this year, it announced a contract for two software-defined satellites that are scheduled […]
Intelsat and Norway’s Telenor share the 1 degree West orbital position. The pair say they will expand their UHD 4K offerings to serve Scandinavian and Central Eastern European (CEE) viewers. The service has the potential to reach 18 million pay-TV viewers. The two channels on offer are from NASA and WOW TV “with new channels […]
Intelsat has published the first in a blog series designed to debunk myths about satellite communications and how it is planning for its future. Intelsat answers the argument that “Truly exceptional inflight WiFi will always be out of reach”. Intelsat reminds readers that in 2019 – in happier pre-Covid times – US airlines carried more […]
That the world’s major satellite operators are seeing their revenues under extreme pressure is not a surprise. That information emerges in each of their quarter-year financial reports. However, analysts at Northern Sky Research (NSR) have analysed that data for 2020 and their report makes tough reading. “At the start of 2021, the Global Satcom Industry […]
SES and Intelsat are still at legal loggerheads over the claimed $1.8 billion action by SES regarding the FCC’s 50/50 division of C-band incentive payments. Nevertheless, the pair met with Umair Javed, Legal Advisor for Wireless and International to FCC Commissioner Jessica Rosenworcel and presented a status report on their plans for clearing C-band frequencies. […]
Intelsat has been hit with another claim of insider dealing over the reallocation of C-band spectrum and the collapse of Intelsat share values. This time the allegation concerns its current chairman and former CEO Dave McGlade. Intelsat is in Chapter 11 bankruptcy reconstruction. McGlade is specifically alleged to have sold a significant package of Intelsat […]