Advanced Television

Intelsat

MultiChoice unaffected by Intelsat bankruptcy

South African broadcasting giant MultiChoice says that Intelsat’s Chapter 11 bankruptcy protection will have no impact on its pay-TV transmissions. MultiChoice beams its signals from Intelsat-20 and Intelsat-36 satellites for its DStv broadcasts across Africa. Intelsat announced last month that it and certain sister-companies have filed for Chapter 11 proceedings. Intelsat has informed local press […]

June 2, 2020By Chris Forrester

Intelsat wants Court to modify BlackSky loan

Last October Intelsat made a $50 million “synergistic” loan to BlackSky, owned by Spaceflight Industries. Now it wants the Court to amend the loan obligations and permit certain sales plans to proceed despite the bankruptcy. Spaceflight describes itself as a ‘next generation’ space company with launch facilities, and its BlackSky division specialises in images from […]

June 1, 2020

Intelsat unsecured creditors win access to bankruptcy court

Some Intelsat smaller shareholders are appealing to the US Trustee that they gain special representation in the bankruptcy court, saying that they are being ignored in the satellite operator’s reconstruction and that they fear being wiped out in the process. There is a planned hearing on June 9th into many matters connected with Intelsat’s Chapter […]

May 29, 2020By Chris Forrester