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Investor FAQs

Company Information | Financial Information | Corporate Information

Company Information

What is the company's primary business?

Intelsat is a leading provider of satellite communications services worldwide, supplying video, data and voice connectivity in approximately 200 countries and territories. We provide our services utilizing our fleet of approximately 50 satellites. We earn revenue primarily by selling satellite transponder capacity to our customers. In addition, we earn revenue through the sale of end-to-end, managed communications services that include fiber connections, teleport operations and satellite capacity.

What is the company's operating strategy?

The company's strategy is to be a global connectivity leader connecting people and businesses around the world with high-quality, flexible and innovative communications services. We intend to capitalize on our leadership position in the fixed satellite services (FSS) sector of the satellite industry to enhance our growth and cash flow from operations. Specifically, we intend to:

  • Grow our business by focusing on high growth regions and applications;
  • Increase our return on our asset base through disciplined management of capacity;
  • Build new revenue streams by introducing new products and services; and
  • Selectively pursue strategic and organic opportunities.

Financial Information

Is Intelsat a public company?

Intelsat is a privately-held company. It does not have publicly-traded common stock.

What long-term debt is issued by Intelsat and outstanding?

Intelsat S.A. Debt:

  • 7.625% Senior Notes due 2012 - $486 million
  • 6.5% Senior Notes due 2013 - $354 million

Intelsat Luxembourg S.A. Debt:

  • 11.25% Senior Notes due 2017 - $2,805 million
  • 11.5%/12.5% Senior PIK Election Notes due 2017 - $2,284 million

Intelsat Jackson Holdings S.A. Debt:

  • Senior Unsecured Term Loan due 2014 - $811 million
  • Senior Unsecured Term Loan due 2014 - $195 million
  • 9.5% Senior Notes due 2015 - $702 million
  • 9.25% Senior Notes due 2016 - $55 million
  • 11.5% Senior Notes due 2016 - $285 million
  • 11.25% Senior Notes due 2016 - $1,048 million
  • 8.5% Senior Notes due 2019 - $500 million

Intelsat Intermediate Holding Company S.A. Debt:

  • 9.5% Senior Notes due 2015 - $481 million
  • 9.25% Senior Notes due 2015 - $5 million

Intelsat Subsidiary Holding Company S.A. Debt:

  • Senior Secured Credit Facilities due 2013 - $334 million
  • 8.5% Senior Notes due 2013 - $883 million
  • 8.875% Senior Notes due 2015 - $681 million
  • 8.875% Senior Notes due 2015, Series B - $400 million

New Dawn Satellite Company, Ltd. Debt*:

  • Senior Secured Debt Facility - $75 million
  • Mezzanine Facility Term Loan - $55 million

Intelsat Corporate (formerly PanAmSat Corporation) Debt:

  • Senior Secured Credit Facilities due 2014 - $1,729 million
  • Senior Secured Credit Facilities due 2012 - $187 million
  • 6.875% Senior Notes due 2028 - $125 million
  • 9.25% Senior Notes due 2014 - $658 million
  • 9.25% Senior Notes due 2016 - $581 million

* Intelsat has a 74.9% indirect ownership interest in New Dawn Satellite Company, Ltd., which is consolidated with Intelsat S.A. and its subsidiaries. The debt incurred by New Dawn Satellite Company, Ltd. is non-recourse to Intelsat S.A. and any of its subsidiaries.

Is Intelsat's debt rated by any credit agencies?

Yes, Intelsat has received a credit rating from both Moody's Investor Service and Standard & Poor's Rating Services. Copies of their reports can be obtained directly from these agencies.

Does Intelsat report its results consistent with U.S. GAAP?

Intelsat's financial statements are prepared in accordance with U.S. generally accepted accounting principles (GAAP).

Where do I find a summary of Intelsat's significant accounting policies?

A summary of our significant accounting policies can be found in our annual financial reports filed with or submitted to the U.S. Securities and Exchange Commission. Copies of these reports can be obtained via the Financial Information section of this website.

Who is Intelsat's independent auditor?

Intelsat's independent auditor for the fiscal year ended 31 December 2009 is KPMG LLP.

How can I receive copies of the company's annual report and other financial information?

You can download financial information directly from the Financial Info section of this website.

If you would like to receive ongoing announcements from the company via email, please sign up.

When is Intelsat's fiscal year?

Intelsat's fiscal year is the calendar year. The first quarter ends 31st March, the second quarter ends 30th June, the third quarter ends 30th September and the fourth quarter ends 31st December.

When is the company's next scheduled earnings announcement?

Intelsat posts the date of its quarterly earnings announcements on this website as soon as this information is available to the public. To see if this information has been announced for the upcoming quarter, please visit the Financial Events section of this website.

Corporate Information

When was the company founded?

We are the successor entity to the International Telecommunications Satellite Organization, formerly known as INTELSAT, which was created on an interim basis by its initial member states in 1964. INTELSAT was formally established as an intergovernmental organization in 1973 upon entry into force of an intergovernmental agreement. On 18 July 2001, INTELSAT privatized by transferring substantially all of its assets and liabilities to a new company established for this purpose, Intelsat, Ltd., and its subsidiaries. On 4 February 2008, Intelsat, Ltd. announced the successful closing of the acquisition of all the primary equity ownership of its parent, Intelsat Holdings, Ltd. ("Intelsat Holdings") by Serafina Holdings, Limited ("Serafina Holdings"), an entity formed by funds advised by BC Partners, Silver Lake and certain other equity investors. On 15 December 2009 Intelsat, Ltd. changed its domicile to Luxembourg and as a result of this migration, the company is now known as Intelsat S.A.

What company name changes resulted from move of the corporate domicile from Bermuda to Luxembourg?

The following company name changes have been made:

  • Intelsat Subsidiary Holding Company, Ltd. changed to Intelsat Subsidiary Holding Company S.A.
  • Intelsat Intermediate Holding Company, Ltd. changed to Intelsat Intermediate Holding Company S.A.
  • Intelsat Jackson Holdings, Ltd. changed to Intelsat Jackson Holdings S.A.
  • Intelsat (Bermuda), Ltd. changed to Intelsat (Luxembourg) S.A.
  • Intelsat, Ltd. changed to Intelsat S.A.
  • Intelsat Holdings, Ltd. changed to Intelsat Holdings S.A.
  • Intelsat Global Subsidiary, Ltd. changed to Intelsat Global Subsidiary S.A.
  • Intelsat Global, Ltd. changed to Intelsat Global S.A.

In what country is Intelsat domiciled?

Intelsat is incorporated in Luxembourg. Intelsat Global Sales & Marketing Ltd. is our global sales and marketing headquarters and is organized under the laws of England and Wales. Intelsat Global Service Corporation and Intelsat Corporation, Delaware corporations, provide technical, marketing and business support services to Intelsat and its subsidiaries.

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