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Intelsat has launched inflight connectivity (IFC) services in India through a partnership with Nelco, enhancing coverage for domestic and international flights. This agreement allows Intelsat to tap into India's rapidly growing airline market, offering seamless connectivity for passengers and improved flight operations for airlines. The service is now available on partner airlines, utilizing Intelsat’s IS-33e satellite, which ensures reliable coverage. Nelco aims to expand these services in collaboration with global partners to lead the IFC market in India.
Intelsat and OneWeb have formed a global distribution partnership to enhance inflight connectivity (IFC) solutions for airlines. This collaboration allows Intelsat to distribute OneWeb's low Earth orbit (LEO) satellite services, paired with its own geo-stationary (GEO) satellite offerings. The multi-orbit solution aims to provide airlines with consistent connectivity, mitigating coverage gaps. The companies expect to launch this innovative service by 2024, promising airlines a robust IFC experience and facilitating a digitalization strategy for connected onboard services.
Intelsat and LATAM Airlines Group announced the installation of Intelsat’s connectivity service on 160 Airbus narrow-body aircraft, enhancing inflight connectivity across Latin America. The three-year project will involve new installations on approximately 70 aircraft prior to delivery from U.S. and European manufacturing sites. The initiative aims to improve customer experience, particularly in Spanish-speaking regions. Intelsat’s investment of $2B supports the development of a global unified network and includes the deployment of software-defined satellites.
Intelsat has partnered with Thales Alenia Space to construct two new software-defined satellites, Intelsat 41 and Intelsat 44, enhancing its global 5G network. Scheduled for deployment in 2025, these satellites will support a more agile and flexible telecom ecosystem. This initiative follows the earlier launch of Intelsat 42 and 43, marking a significant step in expanding connectivity across Africa, Europe, the Middle East, and Asia. Intelsat aims to unify telecom services with advanced satellite technology, further solidifying its leadership in global satellite communications.
Intelsat S.A. announced a key milestone in its financial restructuring, with the U.S. Bankruptcy Court approving its Plan of Reorganization. This plan will cut the company’s debt from approximately
Telefónica Germany has partnered with Intelsat to utilize the Intelsat CellBackhaul managed service, enhancing 4G LTE coverage in rural areas of Germany. This service enables rapid and cost-efficient mobile connectivity in locations where traditional methods are impractical. The collaboration aims to expand Telefónica's national network coverage, with Intelsat supporting the initiative by deploying satellite solutions. This strategic move positions Telefónica as a key player in cellular backhaul services, ensuring connectivity in previously unreachable areas.
Intelsat, a leading satellite operator, announces the expansion of its FlexMaritime service into
Intelsat S.A. reported third quarter 2021 results with a revenue of $526.1 million, reflecting a 7% increase year-over-year. The net loss amounted to $145.7 million, compared to $15.9 million in the previous year. Adjusted EBITDA was $283.3 million, or 54% of revenue. Network services revenue rose to $241.7 million, boosted by airline connectivity. However, media revenue fell 11% to $181.1 million due to customer migration. The contracted backlog decreased to $5.7 billion from $6.0 billion in the previous quarter.
Intelsat has partnered with OneWeb and Linchpin Solutions to demonstrate a multi-orbit satellite communications solution for the U.S. Army and Department of Defense. This demonstration showcases seamless switching between geostationary (GEO) and low Earth orbit (LEO) constellations, enhancing communication reliability in electronic warfare. The solution employs simultaneous data transmission over multiple paths, improving connectivity. Intelsat's FlexMove service can be deployed rapidly, facilitating beyond-line-of-sight communications critical for military operations.
Intelsat (OTC: INTEQ) announces the retirement of CEO Stephen Spengler as the company nears the conclusion of its financial restructuring. Spengler will retain his role until a successor is appointed, facilitating a smooth transition. He has been with Intelsat for over 18 years, serving as CEO for the past six and a half years. The company is poised to enhance its financial strength and implement a new business strategy focused on next-generation 5G network connectivity. Leading executive search firm Egon Zehnder will assist in finding a new CEO.
