Fitch Ratings has given Intelsat SA (and sister company Intelsat Jackson Holdings) a ‘Rating Watch Positive’ (RWP) and ‘Credit Positive’ overview and helped by the incoming buyer SES and its stronger financial and credit profile. The RWP reflects Fitch’s expectations that SES SA’s acquisition of Intelsat, announced on April 30th, will be a credit positive, […]

SES’s senior management briefed analysts after their April 30th announcement that SES would buy Intelsat in a $3.1 billion (€2.8bn) cash purchase. The deal is transformational, not just for SES and Intelsat themselves but for the industry as a whole. However, despite some very appealing statistics and forecasts, shareholders were extremely unhappy. Its share price […]

In a surprise announcement, SES has announced it is buying rival Intelsat with a cash payment of $3.1 billion (€2.9bn). In a press statement, SES said: “The combination will create a stronger multi-orbit operator with greater coverage, improved resiliency, expanded suite of solutions, enhanced resources to profitably invest in innovation, and benefit from the collective […]

The long-running legal battle between SES and Intelsat over more than $400 million (€375.2m) which SES is claiming out of the sum received by Intelsat from the FCC’s compensation scheme for the reuse of C-band, has been postponed. A hearing initially set for April 24th has now been rescheduled for July 17th. SES is arguing […]

Satellite operator Intelsat has signed agreements with two of the biggest names in broadcasting in Latin America, MVS Television (Mexico) and Caracol Television (Colombia), to manage broadcast distribution services. “Intelsat is seeing increased interest in our managed media services – terrestrial solutions such as IntelsatOne Fiber, IntelsatOne IP, uplink, downlink, and teleport services – throughout […]

It was recently reported how Intelsat was facing up to its future and how it would compete with rival satellite operators. More detail has now emerged. Intelsat has been through something of a nightmare this past few years, emerging – more or less – from Chapter 11 bankruptcy with much reduced interest obligations and the […]

Boeing’s famous El Segundo, California satellite factory has been turning out satellites since 1955 when it was purchased by Howard Hughes and his Aerospace Group. It had previously turned out cars including the Nash Rambler. It was the production home of the equally famous Hughes HS series of satellites including the HS-376 ‘spinners’ (the first-ever […]

Eutelsat’s OneWeb division already has a bandwidth relationship with Intelsat. It has extended that agreement in a “multi-year” deal worth up to $500 million (€461.2m) over the next seven years, and with an initial commitment of $250 million. Intelsat’s intention is to tap into OneWeb low-Earth orbiting constellation and integrate services such as connectivity for […]

David Wajsgras, CEO at Intelsat, used his Keynote at the Washington Satellite 2024 show to explain how the satellite giant was changing from its past role, albeit important global supplier of bandwidth, to what he saw as new opportunities. Included in his discussion was news that Intelsat was close to deciding on a Medium-Earth orbiting […]

Satellite operator Intelsat says that FAST channels (Free Ad-supported Television) are booming worldwide and are disrupting traditional video consumption. According to Kantar, FAST is the quickest-growing streaming option in the US with 47 per cent of households now utilising FAST every week. Satellite will play a key role in supplementing FAST channel distribution making FAST […]