FliteStream F-310 and T-310 SATCOM Products First to Become Qualified for Intelsat Business Aviation Service

East Aurora, USA | October 16, 2018–Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for the global aerospace, defense and semiconductor industries, announced that its wholly owned subsidiary, Astronics AeroSat, had its FliteStream connectivity solutions tested, qualified, and approved to operate across Intelsat’s FlexExec business aviation service.

Astronics Aerosat’s FliteStream connectivity solutions are the first inflight terminals to obtain approval to operate over Intelsat’s FlexExec service. FliteStream is a widely deployed satellite broadband data solution of fuselage- and tail-mount SATCOM products designed for government, commercial, business and VVIP aviation operators and passengers.

FlexExec is a managed end-to-end service that is accessible via Intelsat’s
global, high-performing, multi-layered Ku-band satellite fleet.
Specifically designed to cover high-traffic business jet routes, FlexExec integrates layers of high-throughput satellite (HTS) coverage from the company’s proven Intelsat EpicNG fleet with the company’s wide-beam Ku-band satellites to deliver added resiliency and redundancy.

FlexExec also aggregates Intelsat’s space segment and the IntelsatOne ground infrastructure into a simplified, streamlined ecosystem. By having one cohesive network, service providers will immediately gain operational efficiencies and be in a stronger position to simplify the in-flight experience for flight departments. In addition, the flexibility of the FlexExec platform enables Intelsat’s service providers to define their offerings for customers on an individual basis rather than on a one-size-fits-all model.

About FliteStream Satellite Connectivity Systems

Astronics AeroSat’s FliteStream solutions include its patented lens-horn technology, which creates the most efficient, reliable and highest-performing SATCOM antenna systems available.

The FliteStream solutions integrate next-generation satellite modem technology and are the only systems in production today that is compatible with next generation Ku-band high throughput satellites and iDirect Velocity networks, which provides maximum internet and data speeds in a single antenna.

Key features include:

  • Seamless connectivity for passengers to browse the internet, send and receive emails, make calls using Voice-Over-IP (VoIP), access virtual private network (VPN) services, conduct video conferences, and enjoy favorite work or entertainment applications
  • Most efficient Ku-band SATCOM antenna systems, critical for maintaining low angle satellite coverage while flying at higher latitudes, where most flights occur
  • Compliance with RTCA DO-160 and RTCA DO-178

Astronics AeroSat keeps people connected no matter where they fly. For over twenty years, Astronics AeroSat has provided fuselage- and tail-mounted SATCOM solutions for general aviation, business aviation,
commercial transport, VVIP, and military aircraft around the world. Learn more at Astronics.com.

Flexible and Scalable Network Architecture Empowers Service Providers to Offer Unique State-of-the-Art Service and Maximize Profitability

FlexExec from Intelsat Delivers the High Performance, Ubiquity, Resiliency and Reliability that Service Providers and Business Jet Owners Deserve

Intelsat’s Seamless, Multi-Layered, Network for Business Aviation Ensures a Best-in Class Experience for Every Business Jet Passenger

Luxembourg | October 15, 2018– Intelsat S.A., the world’s leading provider of satellite services and integrated communications, announced today it is launching FlexExec, a managed end-to-end service enabling service providers to easily and cost-effectively deliver high-performance, in-flight broadband connectivity to business jets globally.

FlexExec’s broadband services are now accessible via Intelsat’s global, high performing, multi-layered Ku-band satellite fleet. Designed specifically to cover high-traffic business jet routes, FlexExec rides on the Intelsat global network, which integrates layers of high-throughput satellite platform (HTS) coverage from the company’s proven Intelsat EpicNG fleet with the company’s wide-beam satellites to deliver added resiliency and redundancy.

“With FlexExec, Intelsat is reinventing the communications experience for business jet operators and passengers,” said Mark Rasmussen, Intelsat’s vice president and general manager, mobility. “Business travel is demanding and with the global, committed, multi-layered coverage of FlexExec, our service providers can ensure that every business passenger has access to the same high speed, reliable broadband connectivity in the sky as they would at home or in the office.  Importantly, the flexibility, throughput and improved economies of scale of FlexExec enables our service providers to differentiate their service offerings and meet the evolving streaming and broadband demands of their passengers over the long-term.”

Positioned for Success with Flexible, Customizable Service Plans

FlexExec aggregates Intelsat’s space segment, the IntelsatOne ground infrastructure into a simplified, streamlined ecosystem.  By having one, cohesive network, service providers will immediately gain operational efficiencies and be in a stronger position to simplify the inflight experience for flight departments.

In addition, the flexibility of the FlexExec platform enables Intelsat’s service providers to define their offerings for customers on an individual basis rather than on a one-size-fits-all model. It allows them to use bandwidth as they see fit and tailor services based on regional needs. With multi-layered, seamless, consistent coverage paired with the capability to customize and differentiate their offering, service providers have the flexibility to optimize their service, differentiate their brand and deliver real value to their customers. The single, global, high-performance network also eliminates uneven service and gaps in coverage, the prime concern of an end-user base whose flight schedules and routes are not as consistent and predictable as commercial airlines.

Fuel Customer Loyalty Indefinitely

FlexExec is anchored on industry-leading technology and redundancy, ensuring that business jet passengers will have seamless, consistent on-demand connectivity. The Intelsat EpicNG platform utilizes Ku- band, wide beams, spot beams, and frequency reuse technology to provide a host of customer benefits. High quality connectivity without loss in performance, and up to 15x more throughput per satellite is a staple of what Intelsat EpicNG can deliver. Multiple Intelsat EpicNG spot beams enable a high concentration of power on smaller areas supplying the much larger volumes of data that passengers are seeking, especially on the highest traffic aero routes. As a result, service providers and passengers can enjoy reliable, uninterrupted inflight connectivity globally.

Deliver a Best-in-Class Passenger Experience on Every Flight

FlexExec helps business jet broadband providers exceed the expectations of a deserving client base that wishes to stay connected at all times. The service is uniquely designed to support business aviation, meaning capacity is not shared with commercial aviation or consumer broadband customers, ensuring that business jet passengers will have seamless, on-demand connectivity. This results in a best-in-class experience for each passenger on every flight, whether they wish to exchange emails, access cloud-based applications, stream movies or indulge in any other data-heavy experience.

Luxembourg | July 17, 2018–Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network and leader in integrated satellite solutions, announced that it has joined the Seamless Air Alliance, a consortium dedicated to the development and promotion of standards to facilitate a better, more seamless, inflight connectivity experience for passengers.

The standards would eliminate the immense costs and hurdles commonly associated with acquisition, installation, and operation of data access infrastructure by streamlining system integration and certification, providing open specifications for interoperability. More importantly, it would empower mobile operators to extend their services into airline cabins and airline passengers to board any flight on any airline anywhere in the world and use their own devices to automatically connect to the Internet, with no complicated login process and no paywall to scramble over.

“When boarding a plane for business or leisure, passengers want fast and easy access to high-quality, reliable broadband connectivity,” said Mark Rasmussen, Vice President and General Manager, Mobility. “That is why Intelsat continues to build a strong ecosystem of partners that will leverage 3GPP standards to create a seamless, global broadband infrastructure that offers airlines and passengers a consistent, uninterrupted experience. By joining the Seamless Air Alliance, Intelsat continues to take a leading role in shaping a global network that leverages different technologies and constellations. As the exclusive channel partner for OneWeb’s mobility applications, Intelsat looks forward to collaborating with OneWeb, existing partners such as Gogo and other network operators, to develop the standards needed to provide a seamless operational and passenger experience in the skies.”

With satellite serving as the primary means to connecting aircraft, Intelsat will contribute in the integration of geostationary and low-Earth orbit satellite solutions into the hybrid network and help define standards, test equipment and develop service packages focused on the aeronautical market.

“We are very pleased to have Intelsat join and contribute its breadth of experience to creating a better passenger experience for airline customers everywhere,” said Jack Mandala, Chief Executive Officer of the Seamless Air Alliance. “Over the next 90 days our Working Groups will develop and draft deliverables that will shape the future of in-flight connectivity, and having Intelsat participate in that process is incredibly valuable.”

U.S.-specific proposal would protect C-band video and data transmissions and support accelerated 5G rollout by mobile operators 

Luxembourg/Washington | February 9, 2018– Leading satellite companies Intelsat S.A. (NYSE: I) and SES S.A. (Euronext Paris and Luxembourg Stock Exchange: SESG) today announced alignment on a proposal to the U.S. Federal Communications Commission (FCC) which seeks to protect the wide array of established satellite services in the 3700-4200 MHz C-band downlink spectrum while opening a specified portion of that spectrum for terrestrial mobile use.

The joint proposal, which was developed in response to the unique
U.S. telecommunications environment, aims to protect the quality and reliability of the extensive services provided by satellite operators in C-band to U.S. broadcasters, media and data companies. The proposal ensures the continued seamless distribution of video and audio programming to more than 100 million U.S. households, and the reliable provision of critical data connectivity in rural areas and emergency situations, as well as services delivered to the U.S. government.

The proposal, which builds on an innovative model first put forward to the FCC by Intelsat and Intel Corporation in October 2017, sets a commercial and technical framework that would enable wireless operators to quickly access approximately 100 MHz of nationwide C-band downlink spectrum in the United States, speeding the deployment of next-generation 5G services.

The proposal specifies the creation of a consortium, which would be open to all satellite operators delivering services in the C-band downlink frequencies in any part of the lower 48 United States. The consortium would oversee the governance of the initiative, define and implement the methodology for spectrum clearance, and serve as the sole interface for market-based transactions with parties interested in deploying terrestrial mobile services in specific portions of the C-band. SES and Intelsat have begun briefing the FCC on this proposal.

Karim Michel Sabbagh, President and CEO of SES, said, “The C-band is and remains a critical component of the U.S. network architecture. Space and ground segment operators have invested billions of dollars in U.S. C-band networks and connectivity and generate important value out of it. It is therefore our duty and mission to protect the C-band in the U.S. from any form of disruption and preserve its use. The C-band satellite consortium is to be set up to ensure that the expansion of the C-band ecosystem in the U.S. will protect the interests of hundreds of established services and millions of American end-users, while at the same time paving the way for the creation of next-generation 5G terrestrial services.”

Peter Pitsch, Associate General Counsel, Intel, said, “Intel’s goal remains to facilitate timely access to high quality terrestrial 5G services. We welcome the announcement of the alignment of Intelsat and SES on significant details of the proposal, and plan to continue to support this market-based approach, which we believe paves the way for the accelerated deployment of 5G in the U.S., creating new experiences in every part of our lives – from smart cars to rich entertainment.”

Intelsat CEO Stephen Spengler said, “Our priority continues to be creating a framework that provides certainty and protects the quality and reliability of the services we provide to our media, network services and government customers. Our proposed market-based solution provides a speedy resolution to the U.S. objective of accelerating deployment of 5G services. With Intelsat and SES now in agreement on major tenets of the framework and with the support of Intel, we are confident in our ability to implement this proposal quickly and efficiently, ultimately to the benefit of American consumers and the U.S. economy.”

Stephen Spengler, Intelsat’s Chief Executive Officer, to Join Kymeta’s Board of Directors

Luxembourg, Seattle, WA and Washington DC | March 7, 2017– After achieving critical development milestones for the mTennaTM antennas combined with the introduction of KĀLOTM services, Intelsat, (NYSE: I) operator of the world’s first Globalized Network, announced today that it has acquired an equity stake in Kymeta.  Additionally, it was announced that Stephen Spengler, Intelsat’s Chief Executive Officer, has joined Kymeta’s board of directors.

Stephen Spengler, Intelsat’s Chief Executive Officer, said: “Intelsat is developing and supporting the innovative new technologies that will unlock new applications for our sector.  The demand for fast, reliable broadband connectivity requires innovation in-orbit and across the entire satellite ecosystem to unlock new growth opportunities.  Our partnership with Kymeta provides a real game changer and a high performance, cost-effective alternative for the industry. As noted by our increased equity stake, we value our partnership with Kymeta and look forward to capturing exciting opportunities in fast growing new vertical markets together.”

Luxembourg | December 20, 2016–Intelsat S.A. (NYSE:  I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, today announced that its wholly-owned subsidiary, Intelsat (Luxembourg) S.A. (“Intelsat Luxembourg”), has commenced, subject to the terms and conditions set forth in a confidential offering memorandum (the “Offering Memorandum”), a private offer to exchange (the “Exchange Offer”) its 6.75% Senior Notes due 2018 (CUSIP No. 458204 AN4) (the “2018 Lux Notes”) held by Eligible Holders (as defined below) for newly issued 12.50% Senior Notes due 2024 (“2024 Lux Notes”).

For each $1,000 principal amount of 2018 Lux Notes validly tendered at or before the Expiration Time (as defined below) and not validly withdrawn, Eligible Holders of 2018 Lux Notes will be eligible to receive $1,000 principal amount of 2024 Lux Notes.  Eligible Holders whose 2018 Lux Notes are accepted in the Exchange Offer will also receive a cash payment equal to the accrued and unpaid interest in respect of such 2018 Lux Notes from December 1, 2016, which is the most recent interest payment date, to, but excluding, the Early Settlement Date or Final Settlement Date (each as defined below), as applicable, provided, aggregate cash payments to Eligible Holders who tender their 2018 Lux Notes after the Early Delivery Time (as defined below) and who in exchange receive 2024 Lux Notes on the Final Settlement Date, will be reduced by the amount of interest accrued on the 2024 Lux Notes received by them from the Early Settlement Date to, but excluding, the Final Settlement Date.

The 2024 Lux Notes will mature on November 15, 2024.  Interest on the 2024 Lux Notes will accrue at the rate of 12.50% per annum and be payable semi-annually in arrears on May 15 and November 15 of each year, commencing on May 15, 2017.  On or after June 1, 2017, Intelsat Luxembourg may redeem all or a portion of the 2024 Lux Notes at any time at a price equal to 100% of the principal amount of the 2024 Lux Notes redeemed, together with accrued and unpaid interest to, but excluding, the redemption date.  Prior to June 1, 2017, Intelsat Luxembourg may redeem all or a portion of the 2024 Lux Notes at any time at a price equal to 101.688% of the principal amount of the 2024 Lux Notes redeemed, together with accrued and unpaid interest to, but excluding, the redemption date.

The 2024 Lux Notes will be Intelsat Luxembourg’s senior unsecured obligations, ranking equally in right of payment with all of its existing and future senior indebtedness and senior to its existing and future subordinated indebtedness.

The 2024 Lux Notes will be effectively subordinated to Intelsat Luxembourg’s existing and future secured indebtedness to the extent of the assets securing such secured debt.  The 2024 Lux Notes will also be structurally subordinated to all of the existing and future liabilities of Intelsat Luxembourg’s subsidiaries, including the liabilities of Intelsat Connect Finance S.A. (“ICF”) to be incurred in connection with the exchange offers previously announced on December 7, 2016 (the “Prior Exchange Offers”) and the liabilities of Intelsat Jackson Holdings S.A. under its Secured Credit Agreement and existing notes.

The Exchange Offer will expire at 11:59 p.m., New York City time, on January 19, 2017, unless it is extended or earlier terminated by Intelsat Luxembourg.  In order to participate in the Exchange Offer, Eligible Holders must validly tender their 2018 Lux Notes at or prior to 11:59 p.m., New York City time, on January 19, 2017, unless extended by Intelsat Luxembourg (such date and time, as the same may be extended, the “Expiration Time”).  Intelsat Luxembourg expects to conduct an early settlement of the Exchange Offer with respect to 2018 Lux Notes validly tendered and not validly withdrawn prior to 11:59 p.m., New York City time, on January 4, 2017 (the “Early Delivery Time” and the date of such early settlement, the “Early Settlement Date”), and a final settlement promptly after the Expiration Time (the “Final Settlement Date”).

The following table sets forth certain key dates of the Exchange Offer.  Further information may be found in the Offering Memorandum:

Key Date

Calendar Date

Launch Date

December 20, 2016

Early Delivery Time

11:59 p.m., New York City time, on January 4, 2017, unless extended or earlier terminated by Intelsat Luxembourg.

Early Settlement Date

Promptly after the Early Delivery Time, and expected to be the second business day after the Early Delivery Time. The Early Settlement Date is currently expected to be January 6, 2017.  Intelsat Luxembourg reserves the right, but is under no obligation, to elect to have an Early Settlement Date.

Withdrawal Deadline

11:59 p.m., New York City time, on the date of the Early Delivery Time, unless extended or earlier terminated by Intelsat Luxembourg.

Expiration Time

11:59 p.m., New York City time, on January 19, 2017, unless extended or earlier terminated by Intelsat Luxembourg.

Final Settlement Date

The final settlement date is currently expected to be January 20, 2017.

Intelsat Luxembourg reserves the right, but is under no obligation, to elect an Early Settlement Date.

The Exchange Offer is subject to customary closing conditions.  Subject to applicable law and the terms set forth in the Offering Memorandum, Intelsat Luxembourg reserves the right to waive any and all conditions to the Exchange Offer, in whole or in part, and may do so, subject to applicable law, without reinstating withdrawal rights. In addition, Intelsat Luxembourg expressly reserves the right to extend or terminate the Exchange Offer and to otherwise amend or modify the Exchange Offer in any respect.

Tendering 2018 Lux Notes in the Exchange Offer will preclude tendering those 2018 Lux Notes in the Prior Exchange Offer for 2018 Lux Notes (the “Prior 2018 Lux Exchange Offer”), unless they are validly withdrawn from the Exchange Offer.  ICF intends to tender into the Exchange Offer the $25 million of 2018 Lux Notes currently held by it, together with the additional 2018 Lux Notes acquired by it in the Prior 2018 Lux Exchange Offer and pursuant to the support agreements previously announced on December 7, 2016.  It is anticipated that the 2018 Lux Notes acquired by Intelsat Luxembourg pursuant to the Exchange Offer will be cancelled.

The 2024 Lux Notes have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any other applicable securities laws and, unless so registered, the 2024 Lux Notes may not be offered, sold, pledged or otherwise transferred in the United States or to or for the account or benefit of any U.S. person, except pursuant to an exemption from the registration requirements of the Securities Act. Intelsat Luxembourg does not intend to register the 2024 Lux Notes under the Securities Act or the securities laws of any other jurisdiction. The 2024 Lux Notes are not transferable except in accordance with the restrictions described more fully in the Offering Memorandum.

The Exchange Offer is being made, and the 2024 Lux Notes to be issued pursuant to the Exchange Offer are being offered and issued, only (a) in the United States to holders of 2018 Lux Notes who are “qualified institutional buyers” (as defined in Rule 144A under the Securities Act), (b) in the United States to holders of 2018 Lux Notes not resident in Arkansas who are institutional “accredited investors” (within the meaning of Rule 501(a)(1), (2), (3) or (7) of Regulation D under the Securities Act) and (c) outside the United States to holders of 2018 Lux Notes who are persons other than U.S. persons in reliance upon Regulation S under the Securities Act.  The holders of 2018 Lux Notes who have certified to Intelsat Luxembourg that they are eligible to participate in the Exchange Offer pursuant to at least one of the foregoing conditions are referred to as “Eligible Holders.”  Only Eligible Holders are authorized to receive or review the Offering Memorandum or participate in the Exchange Offer.

The Exchange Offer is being conducted pursuant to the Offering Memorandum, this press release and Intelsat S.A.’s or Intelsat Luxembourg’s other press releases related to the Exchange Offer (collectively, the “Exchange Offer Materials”).

Guggenheim Securities acted as Intelsat’s financial advisor for these transactions and Wachtell, Lipton, Rosen & Katz served as legal advisor.

Questions regarding the Exchange Offer may be directed to Intelsat Luxembourg at the following email address:  Attn:  Investor Relations, Email: investor.relations@intelsat.com.

The complete terms and conditions of the Exchange Offer, as well as the terms of the 2024 Lux Notes, are set forth in the Offering Memorandum. The Offering Memorandum will only be made available to holders who complete an eligibility letter confirming their status as Eligible Holders. Holders of 2018 Lux Notes who wish to receive a copy of the eligibility letter for the Exchange Offer may contact Global Bondholder Services Corporation (the “Information and Exchange Agent”) at 65 Broadway – Suite 404, New York, New York 10006, Attn: Corporate Actions, (212) 430-3774 (for banks and brokers) or (866) 470-4200 (for all others). Holders may also obtain and complete an electronic copy of the eligibility letter on the following website maintained by Global Bondholder Services:  http://www2.intelsat.com/e/48312/igibility-intelsat-luxembourg-/4l88w9/223328286

Intelsat Luxembourg is making the Exchange Offer only by, and pursuant to, the terms of the Exchange Offer Materials.  None of Intelsat Luxembourg, the Information and Exchange Agent, nor their respective affiliates makes any recommendation as to whether Eligible Holders should tender or refrain from tendering their 2018 Lux Notes.  Eligible Holders must make their own decision as to whether or not to tender their 2018 Lux Notes, as well as with respect to the principal amount of the 2018 Lux Notes to tender. The Exchange Offer is not being made to any holders of 2018 Lux Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.

This press release does not constitute an offer to purchase securities or a solicitation of an offer to sell any securities or an offer to sell or the solicitation of an offer to purchase any new securities, nor does it constitute an offer or solicitation in any jurisdiction in which such offer or solicitation is unlawful.

  • Performance and Ease of Accessibility Offered by First Intelsat EpicNG Satellite Enable Gogo to Begin Immediate Delivery of Improved Infight Wi-Fi for Passengers

Luxembourg | November 17, 2016– Intelsat (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, announced that Gogo (NASDAQ: GOGO), the global leader in providing broadband connectivity solutions and wireless entertainment to the aviation industry, has signed an agreement for services on the Intelsat 29e satellite.

Gogo will use high-throughput services from the first satellite in the global Intelsat EpicNG network to deliver inflight Wi-Fi service to passenger airplanes operating in the heavily traveled North Atlantic route. The connectivity provided by Intelsat 29e, which began operations earlier this year, will deliver bridge services for Gogo until Intelsat 32e becomes operational in 2017. Intelsat is also providing Gogo with IntelsatOne managed services via its Mountainside, Maryland teleport.

In March 2016, Gogo signed an agreement for Intelsat to deliver next generation in-flight connectivity services via multi-layered Ku-band services on the Intelsat EpicNG satellites combined with OneWeb’s planned low earth orbit satellite constellation. Coverage will include high-performance connectivity provided by Intelsat 32e, Intelsat 33e and Horizons 3e.

“The performance of the Intelsat EpicNG satellites demonstrates the value of high-throughput satellite technology,” said Michael Small, Gogo’s president and CEO. “When factoring in the ease of integration to Intelsat EpicNG services, we opted to begin services with Intelsat 29e immediately and transition to Intelsat 32e when it becomes operational. We look forward to expanding our reach as more Intelsat EpicNG satellites become available.”

Intelsat 33e will expand Gogo’s services across Europe, the Middle East and Asia when it begins service in the first quarter of 2017 at 60° East, and the Horizons 3e spacecraft will create a true global HTS service for Gogo when it begins operations over the Asia-Pacific region in 2018.

“Intelsat is delivering on the promise of HTS with Intelsat EpicNG, with a unique design that provides immediate improvement in performance of up to 165 percent,” said Intelsat CEO Stephen Spengler. “Customers are easily transitioning to the platform, validating our backwards-compatible, open-architecture design, and this enables Gogo to begin delivering broadband-enabled inflight Wi-Fi services in the North Atlantic today. We’re proving every day that the higher performance, improved economics and simplified access delivered by Intelsat EpicNG position aeronautical service providers to rapidly scale networks on a global basis, while staying ahead of explosive data-performance requirements.”

  • Expands MultiChoice’s Leading Direct-to-Home Services in Sub-Saharan Africa

Luxembourg | August 24, 2016– Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, today announced the successful launch of the Intelsat 36 satellite. Intelsat 36 was launched from French Guiana aboard an Ariane 5 launch vehicle. Liftoff occurred at 6:16 p.m. EDT. The satellite separated from the rocket’s lower stage at 6:57 p.m. EDT, and the Intelsat launch team has confirmed signal acquisition.

Built for Intelsat by Space Systems/Loral (SSL), Intelsat 36 is designed to enhance Intelsat’s media neighborhoods serving Africa and the Indian Ocean regions. The Ku-band payload was built to support MultiChoice, the leading direct-to-home platform in South Africa. The C-band payload provides in-orbit resilience for Intelsat’s leading video content distribution neighborhood at 68.5° E. Intelsat 36 will be collocated with Intelsat 20.

“Intelsat 36 is a testament to our dedication to working closely with our customers in Africa to support critical growing infrastructure needs in the region,” said Stephen Spengler, Chief Executive Officer, Intelsat.

“Having consistent and affordable access to informative and entertaining content is vital to a community and its citizens. Intelsat 36 will enable MultiChoice to extend high definition channels throughout the region via one of Africa’s premier video neighborhoods. We are proud to once again partner with MultiChoice as they continue to deliver high quality and compelling educational and entertainment services to their customers throughout sub-Saharan Africa.”

Intelsat 36 is the 58th Intelsat satellite launched by Arianespace.

  • First Multi Spot Beam, Ku-Band High Throughput Satellite to Serve Europe, Middle East, Africa and Asia Pacific

Luxembourg and Paris | July 22, 2016– Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, announced today that Intelsat 33e, the second of the Intelsat EpicNG series of high throughput satellites (“HTS”), arrived at the Guiana Space Center in Kourou, French Guiana, where it will undergo final preparations before its scheduled launch on an Ariane 5 rocket on the 24th of August, 2016.

Manufactured by Boeing and equipped with the most advanced digital payload on a commercial spacecraft, Intelsat 33e will extend Intelsat’s high throughput capacity in both C- and Ku-band from the Americas to include Europe, the Middle East, Africa, Asia Pacific, the Mediterranean and Indian Ocean regions.

Intelsat EpicNG features an exceptionally flexible HTS payload design that is backward compatible with already deployed user networks globally. The higher performance, better economics and simplified access of the Intelsat EpicNG design are built to address an expected $3.2 billion incremental revenue opportunity related to new demand for satellite-based infrastructure in the enterprise, wireless infrastructure, aeronautical and maritime mobility, government and Internet of Things sectors by the year 2021.

The amount of global data traffic is expected to surge at a compound annual growth rate of 53 percent from 2015 through year-end 2020. With increasing broadband requirements and a growing number of smartphone users, the flexible and open architecture of Intelsat 29e, Intelsat 33e and future Intelsat EpicNG satellites will enable fixed and mobile network operators to cost-effectively extend their networks and meet the surges in broadband demand across the continents.

Select customers have already committed to take advantage of Intelsat 33e, some of which include Pakistani Internet service provider SuperNet Limited, African telecommunications providers such as Telkom South Africa, Orange, IP Planet, Vodacom, Dijoubti Telecom, Safarifone and Africell RDC SPRL.; Russian network service providers Romantis and RuSat LLC; and media customers including TV & Radio Broadcasting (formerly Television and Radio Broadcasting of Armenia), and MultiChoice of South Africa.

Intelsat 33e will also deliver enterprise-grade, broadband services to aeronautical and maritime mobility service providers and users. The satellite combines wide and high performing spot beams facilitating combined live television and broadband applications within the same network. As previously announced, prestigious maritime mobility customers such as EMC, Harris CapRock and Marlink, and aero mobility customers such as Gogo and Panasonic Avionics have committed to the Intelsat EpicNG fleet for mobility and fixed and mobile enterprise applications.

Intelsat 33e is currently scheduled for launch on 24 August 2016 during a window that is currently scheduled to open at 5:55 pm EDT and closes at 6:40 pm EDT. Following a successful launch, Intelsat 33e will be placed at the 60°E orbital location, where it will undergo in-orbit testing prior to its expected in-service date at the end of 2016.

Luxembourg | June 30, 2016– Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, today announced that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”) has entered into a purchase agreement with a number of institutional investors pursuant to which Intelsat Jackson agreed, subject to the satisfaction of customary conditions, to issue in a private placement $490 million aggregate principal amount of 9.50% senior secured notes (the “New Notes”) with a discount of 2.0%.

Intelsat Jackson expects to use the net proceeds from the New Notes to fund its previously announced tender offers (the “Tender Offers”) to purchase its 6 5⁄8% Senior Notes due 2022 (CUSIP No. 45824TAM7) (the “2022 Notes”), 5 1⁄2% Senior Notes due 2023 (CUSIP No. 45824TAP0) (the “2023 Notes”) and 7 1⁄2% Senior Notes due 2021 (CUSIP No. 45824TAG0) (the “2021 Notes” and, together with the 2022 Notes and the 2023 Notes, the “Securities”). Intelsat Jackson’s obligation to accept and pay for Securities in the Tender Offers remains subject to satisfaction or waiver of the Financing Condition (as defined below) and the other general conditions described in the Offer to Purchase. The receipt of the net proceeds from the New Notes pursuant to the purchase agreement is expected to satisfy the Financing Condition.

Intelsat S.A. also announced that Intelsat Jackson has decreased the Maximum Payment Amount under and extended the Expiration Date and Withdrawal Deadline for the Tender Offers. The maximum aggregate cash consideration (excluding accrued and unpaid interest on the Securities and excluding fees and expenses related to the Tender Offers) (the “Maximum Payment Amount”) that Intelsat Jackson will pay to purchase Securities pursuant to the Tender Offers has been reduced from $625,000,000 to $463,000,000. All Securities tendered in the Tender Offers by the new Expiration Date of 11:59 p.m., New York City time, on July 14, 2016 and accepted for payment will receive the Total Consideration, which includes the Early Tender Premium (each as defined in the amended and restated Offer to Purchase dated as of May 17, 2016 (the “Offer to Purchase”)).

Intelsat Jackson commenced the Tender Offers on May 12, 2016. The new Expiration Date, which also will be the Early Tender Date, by which tenders must be received for holders to receive the applicable Early Tender Premium, and Withdrawal Deadline will be 11:59 p.m., New York City time, on July 14, 2016, unless extended or earlier terminated by Intelsat Jackson, for each series of Securities. Except as described in this press release, all other terms and conditions of the Tender Offers, as previously announced and described in the Tender Offer Materials (as defined below), remain unchanged.

The following table sets forth certain key dates of the Tender Offers, as extended. Further information may be found in the Tender Offer Materials (as defined below):

The Tender Offers are being conducted pursuant to the Offer to Purchase, the accompanying amended and restated Letter of Transmittal, the press releases dated June 1, 2016, June 9, 2016, June 23, 2016, and this press release and Intelsat S.A.’s or Intelsat Jackson’s other press releases used in the Tender Offers (collectively, the “Tender Offer Materials”). Intelsat Jackson’s obligation to accept for purchase, and to pay for, Securities validly tendered pursuant to the Tender Offers is subject to, and conditioned upon, having obtained debt financing in a minimum aggregate principal amount that will generate sufficient proceeds, in addition to cash on hand, to purchase the tendered Securities, including payment of the Total Consideration and any fees payable in connection with the Tender Offers, subsequent to the date hereof and on or prior to the Final Settlement Date, on terms and conditions reasonably satisfactory to Intelsat Jackson (the “Financing Condition”).

As of 5:00 PM on June 29, 2016, approximately $757,978,000 aggregate principal amount of 2022 Notes (constituting approximately 93.0% of the currently outstanding 2022 Notes), approximately $1,235,263,000 aggregate principal amount of 2023 Notes (constituting approximately 61.8% of the currently outstanding 2023 Notes), and approximately $329,429,000 aggregate principal amount of 2021 Notes (constituting approximately 28.7% of the currently outstanding 2021 Notes), have been tendered in the Tender Offers.

Questions regarding the Tender Offers may be directed to Guggenheim Securities, LLC at 330 Madison Avenue, New York, New York 10017, Attn: Liability Management Group, Phillip Laroche, ((212) 293-3035 (phone) or Phillip.Laroche@guggenheimpartners.com (email). Requests for the Tender Offer Materials may be directed to Global Bondholder Services Corporation at 65 Broadway – Suite 404, New York, New York 10006, Attn: Corporate Actions, (212) 430-3774 (for banks and brokers) or (866) 470-4200 (for all others).

Intelsat Jackson is making the Tender Offers only by, and pursuant to, the terms of the Tender Offer Materials. None of Intelsat Jackson, the Dealer Manager, the Information and Depositary Agent nor their respective affiliates makes any recommendation as to whether Holders should tender or refrain from tendering their Securities. Holders must make their own decision as to whether to tender Securities and, if so, the principal amount of the Securities to tender. The Tender Offers are not being made to holders of Securities in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Tender Offers to be made by a licensed broker or dealer, the Tender Offers will be deemed to be made on behalf of Intelsat Jackson by one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

This press release does not constitute an offer to purchase securities or a solicitation of an offer to sell any securities or an offer to sell or the solicitation of an offer to purchase any new securities, including in connection with the New Notes, nor does it constitute an offer or solicitation in any jurisdiction in which such offer or solicitation is unlawful. Capitalized terms used in this press release but not otherwise defined herein have the meanings assigned to them in the Tender Offer Materials.

  • Provides enhanced media capacity for Latin America

Luxembourg | June 9, 2016– Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, announced the successful launch of the Intelsat 31 satellite, which is hosting the DLA-2 payload for DIRECTV Latin America. Intelsat 31 was launched from the Baikonur Cosmodrome, Kazakhstan aboard an ILS Proton launch vehicle. Liftoff occurred at 7:10 GMT. The Intelsat 31 satellite separated from the rocket’s upper stage at 22:41 GMT, and signal acquisition has been confirmed.

Built for Intelsat by Space Systems/Loral (SSL), Intelsat 31 is a 20-kilowatt class Ku- and C-band satellite. The Ku-band payload, known as DLA-2, is designed to provide redundancy and reliability for DIRECTV Latin America’s distribution services in South America and the Caribbean, reflecting the company’s commitment to providing their subscribers with the highest reliability in the region.

The C-band portion enhances Intelsat’s existing C-band service infrastructure serving Latin America. The satellite will be co-located with the previously launched Intelsat 30, which hosts the DLA-1 payload, at 95° West and is expected to have a service life of more than 15 years.

“Intelsat 31 will deliver additional resilience to the DIRECTV service platform, further enhancing their leadership in the region. DIRECTV Latin America is committed to providing its customers with the highest quality programming at all times,” said Intelsat CEO Stephen Spengler. “Intelsat 31 will also provide valuable C-band services for our customers and further fortifies our video neighborhoods serving Latin America.”

  • New Dates for Amended Tender Offers Also Announced

Luxembourg | May 18, 2016– Intelsat S.A., the world’s leading provider of satellite services today announced that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), has amended the terms of its previously announced tender offers (the “Tender Offers”) to purchase its 6 ⅝% Senior Notes due 2022 (CUSIP No. 45824TAM7) (the “2022 Notes”), 5 ½% Senior Notes due 2023 (CUSIP No. 45824TAP0) (the “2023 Notes”) and 7 ½% Senior Notes due 2021 (CUSIP No. 45824TAG0) (the “2021 Notes” and, together with the 2022 Notes and the 2023 Notes, the “Securities”) for up to $625,000,000 in aggregate cash consideration (excluding accrued and unpaid interest on the Securities and excluding fees and expenses related to the Tender Offers) (the “Maximum Payment Amount”). The Company’s obligation to accept and pay for Securities in the Tender Offers remains subject to satisfaction or waiver of the Financing Condition (as defined below) and the other general conditions prior to the expiration date.

The following table sets forth certain amended terms of the Tender Offers:

(1) Excludes accrued and unpaid interest up to, but not including, the applicable Settlement Date, which will be paid in addition to the Tender Offer Consideration or Total Consideration, as applicable.
(2) Includes the Early Tender Premium.
(3) Excludes approximately $460.0 million aggregate principal amount of 2022 Notes repurchased and cancelled by the Company in 2016.

The following table sets forth certain amended key dates of the Tender Offers, as amended. All such dates are described in detail below and in the Tender Offer Materials:

The Tender Offers are scheduled to expire at 11:59 p.m., New York City time, on June 14, 2016 (the “Expiration Date”), unless extended or earlier terminated by Intelsat Jackson. The Tender Offers are being made pursuant to an Amended and Restated Offer to Purchase dated May 17, 2016 and a related Amended and Restated Letter of Transmittal dated May 17, 2016 (together, the “Tender Offer Materials”), which set forth a more detailed description of the Tender Offers. Holders of the Securities are urged to carefully read the Tender Offer Materials before making any decision with respect to the Tender Offers.

The aggregate consideration to be paid for the purchase of the Securities pursuant to the Tender Offers is up to the Maximum Payment Amount. The principal amount of any series of Securities that is purchased in a Tender Offer will be based on the acceptance priority level for such series, as set forth in the table above (the “Acceptance Priority Level”). As discussed in more detail in the Tender Offer Materials, Intelsat Jackson reserves the right, but is under no obligation, to increase or decrease the Maximum Payment Amount, at any time, subject to compliance with applicable law.

The total consideration (the “Total Consideration”) payable for each $1,000 principal amount of Securities validly tendered at or prior to 5:00 p.m., New York City time, on May 31, 2016 (such date and time, as it may be extended, the “Early Tender Date”) and accepted for purchase pursuant to the Tender Offers will be the applicable total consideration for such series of Securities set forth in the table above. The Total Consideration includes the early tender premium for such series of Securities also set forth in the table above (the “Early Tender Premium”). Holders must validly tender and not subsequently validly withdraw their Securities at or prior to the Early Tender Date in order to be eligible to receive the Total Consideration for such Securities purchased in the Tender Offers.

Subject to the terms and conditions of the Tender Offers, each Holder who validly tenders and does not subsequently validly withdraw their Securities at or prior to the Early Tender Date will be entitled to receive the Total Consideration, plus accrued and unpaid interest up to, but not including, the applicable Settlement Date (as defined below) if and when such Securities are accepted for payment. Holders who validly tender their Securities after the Early Tender Date but at or prior to the Expiration Date will be entitled to receive only the tender offer consideration equal to the applicable Total Consideration less the Early Tender Premium (the “Tender Offer Consideration”), plus accrued and unpaid interest up to, but not including, the applicable Settlement Date, if and when such Securities are accepted for payment.

Intelsat Jackson reserves the right but is under no obligation, at any point following the Early Tender Date and before the Expiration Date, to accept for purchase any Securities validly tendered at or prior to the Early Tender Date (the date of such purchase, the “Early Settlement Date”). The Early Settlement Date will be determined at Intelsat Jackson’s option and is currently expected to occur on the first business day following the Early Tender Date, subject to all conditions to the Tender Offers having been satisfied or waived by Intelsat Jackson. The expected Early Settlement Date is June 1, 2016, unless extended by Intelsat Jackson, assuming all conditions to the Tender Offers have been satisfied or waived by Intelsat Jackson. Irrespective of whether Intelsat Jackson chooses to exercise its option to have an Early Settlement Date, Intelsat Jackson will purchase any remaining Securities that have been validly tendered by the Expiration Date and that it chooses to accept for purchase, subject to the Maximum Payment Amount, the application of the Acceptance Priority Levels and all conditions to the Tender Offers having been satisfied or waived by Intelsat Jackson, on a date immediately following the Expiration Date (the “Final Settlement Date” and each of the Early Settlement Date and Final Settlement Date, a “Settlement Date”). The Final Settlement Date is expected to occur on the first business day following the Expiration Date, subject to all conditions to the Tender Offers having been satisfied or waived by Intelsat Jackson. The expected Final Settlement Date is June 15, 2016, unless extended by Intelsat Jackson, assuming all conditions to the Tender Offers have been satisfied or waived by Intelsat Jackson.

To receive either the Total Consideration or the Tender Offer Consideration, holders of the Securities must validly tender and not validly withdraw their Securities prior to the Early Tender Date or the Expiration Date, respectively. Securities tendered may be withdrawn from the Tender Offers at or prior to, but not after, 5:00 p.m., New York City time, on May 31, 2016, unless extended by Intelsat Jackson, by following the procedures described in the Tender Offer Materials.

Subject to the Maximum Payment Amount, the application of the Acceptance Priority Levels and the other terms and conditions described in the Tender Offer Materials, including the Financing Condition (as defined below) and Intelsat Jackson’s right to increase or decrease the Maximum Payment Amount, Intelsat Jackson intends to accept for payment all Securities validly tendered at or prior to the Expiration Date, and will only prorate the Securities if the aggregate consideration necessary to purchase the aggregate amount of Securities validly tendered at or prior to the Early Tender Date or the Expiration Date, as applicable, exceeds the Maximum Payment Amount. The amounts of each series of Securities that are purchased in the Tender Offer will be determined in accordance with the Acceptance Priority Levels set forth in the Offer to Purchase and referenced in the table above, with 1 being the highest Acceptance Priority Level and 3 being the lowest Acceptance Priority Level. At the applicable Settlement Date, all Securities validly tendered and not validly withdrawn in the Tender Offer having a higher (i.e., lower numerical) Acceptance Priority Level will be accepted before any tendered Securities having a lower Acceptance Priority Level are accepted in the Tender Offer. If the aggregate principal amount of any Securities of a series tendered and not validly withdrawn in the Tender Offer exceeds the amount of the Maximum Payment Amount remaining available for application, then, if any Securities of such series are purchased, Intelsat Jackson will accept such Securities on a pro rata basis. In the event that Securities with a certain Acceptance Priority Level are accepted on such a pro rata basis, no series of Securities with a lower Acceptance Priority Level will be accepted for payment.

If the Tender Offers are not fully subscribed as of the Early Tender Date and we elect to have an Early Settlement Date, Holders who validly tender Securities after the Early Tender Date may be subject to proration, whereas Holders who validly tender Securities at or prior to the Early Tender Date will not be subject to proration. If the Tenders Offers are not fully subscribed as of the Early Tender Date and we elect to have an Early Settlement Date, Securities tendered at or before the Early Tender Date will be accepted for purchase in priority to other Securities tendered after the Early Tender Date, even if such Securities tendered after the Early Tender Date have a higher Acceptance Priority Level than Securites tendered prior to the Early Tender Date. In addition, if the aggregate consideration necessary to purchase the aggregate amount of Securities of all series validly tendered at or prior to the Early Tender Date exceeds the Maximum Payment Amount and we elect to have an Early Settlement Date, Holders who validly tender Securities after the Early Tender Date will not have any of their Securities accepted for payment. However, in the event we do not elect to have an Early Settlement Date and the aggregate consideration necessary to purchase the aggregate amount of Securities of all series validly tendered at or prior to the Final Settlement Date exceeds the Maximum Payment Amount, all Holders who validly tendered Securities will be subject to proration, subject to the application of the Acceptance Priority Levels. Securities which were not accepted for purchase due to the Maximum Payment Amount or the application of the Acceptance Priority Levels may be accepted if we increase the Maximum Payment Amount, which we are entitled to do at our sole discretion, and such increase is not fully met or exceeded by Securities validly tendered at or prior to the Early Tender Date (in the event we elect to have an Early Settlement Date) or by Securities purchased in a higher (i.e., lower numerical) Acceptance Priority Level. There can be no assurance that we will increase the Maximum Payment Amount.

The obligation of Intelsat Jackson to accept for purchase and to pay either the Total Consideration or Tender Offer Consideration and the accrued and unpaid interest on the Securities pursuant to the Tender Offers is not subject to any minimum tender condition, but is subject to the Maximum Payment Amount, the application of the Acceptance Priority Levels and the satisfaction or waiver of the Financing Condition and certain other conditions described in the Tender Offer Materials.

Intelsat Jackson’s obligation to accept for purchase, and to pay for, Securities validly tendered pursuant to the Tender Offers is subject to, and conditioned upon, having obtained debt financing (the “New Debt Financing”) in a minimum aggregate principal amount that will generate sufficient proceeds, in addition to cash on hand, to purchase the tendered Securities, including payment of the Tender Offer Consideration or Total Consideration, as applicable, and any fees payable in connection with the Tender Offers, subsequent to the date hereof and on or prior to the Final Settlement Date, on terms and conditions reasonably satisfactory to Intelsat Jackson (the “Financing Condition”). Intelsat Jackson’s current intention is to satisfy the Financing Condition by issuing long-term senior secured debt securities but, subject to market conditions and at Intelsat Jackson’s sole discretion, Intelsat Jackson may elect to enter into alternative debt financing. There can be no assurance any such New Debt Financing will be available, and thus no assurance that the Financing Condition will be satisfied.

Intelsat Jackson has retained Guggenheim Securities, LLC to serve as Dealer Manager for the Tender Offers. Global Bondholder Services Corporation has been retained to serve as the Information and Depositary Agent for the Tender Offers. Questions regarding the Tender Offers may be directed to Guggenheim Securities, LLC at 330 Madison Avenue, New York, New York 10017, Attn: Liability Management Group, Phillip Laroche, ((212) 293-3035 (phone) or Phillip.Laroche@guggenheimpartners.com (email). Requests for the Tender Offer Materials may be directed to Global Bondholder Services Corporation at 65 Broadway – Suite 404, New York, New York 10006, Attn: Corporate Actions, (212) 430-3774 (for banks and brokers) or (866) 470-4200 (for all others).

Intelsat Jackson is making the Tender Offers only by, and pursuant to, the terms of the Tender Offer Materials. None of Intelsat Jackson, the Dealer Manager, the Information and Depositary Agent nor their respective affiliates make any recommendation as to whether Holders should tender or refrain from tendering their Securities. Holders must make their own decision as to whether to tender Securities and, if so, the principal amount of the Securities to tender. The Tender Offers are not being made to holders of Securities in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Tender Offers to be made by a licensed broker or dealer, the Tender Offers will be deemed to be made on behalf of Intelsat Jackson by one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

This press release does not constitute an offer to purchase securities or a solicitation of an offer to sell any securities or an offer to sell or the solicitation of an offer to purchase any new securities, including in connection with the New Debt Financing, nor does it constitute an offer or solicitation in any jurisdiction in which such offer or solicitation is unlawful. Capitalized terms used in this press release but not otherwise defined herein have the meanings assigned to them in the Tender Offer Materials.

Luxembourg | March 21, 2016– Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, announced today that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), intends to offer $1.0 billion aggregate principal amount of senior secured notes due 2024 (the “notes”).

Intelsat Jackson’s obligations under the notes will be guaranteed by Intelsat Jackson’s direct parent company, Intelsat (Luxembourg) S.A. (the “parent guarantor”), and certain subsidiaries (the “subsidiary guarantors”), and will be secured by a first priority security interest in, subject to certain permitted liens, substantially all of the existing and future assets of Intelsat Jackson and the subsidiary guarantors, and in the case of the parent guarantor, the stock of the Intelsat Jackson owned by the parent guarantor. The security interests securing the notes will be pari passu with the security interests securing Intelsat Jackson’s senior secured credit facility.

The net proceeds from the sale of the notes are expected to be used by Intelsat Jackson for general corporate purposes, which may include repayment of indebtedness, capital expenditures and working capital and to pay fees and expenses related to the offering.

The notes referred to above will be offered and sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside the United States in accordance with Regulation S under the Securities Act and applicable exemptions from registration, prospectus or like requirements under the laws and regulations of the relevant jurisdictions outside the United States. The notes will not be registered under the Securities Act and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The notes referred to above will also not be registered in any jurisdiction outside of the United States and no action or steps will be taken to permit the offer of the notes in any such jurisdiction where any registration or other action or steps would be required to permit an offer of the notes.

The notes may therefore not be offered or sold in any such jurisdiction except pursuant to an exemption from, or in a transaction not subject to, the relevant requirements of laws and regulations of such jurisdictions.

No prospectus as required by the Directive 2003/71/EC (and the implementing laws and regulations in the relevant member states) has been filed with respect to the notes and therefore no offers of notes may be made in any Member States of the European Economic Area unless made pursuant to an exemption under the Directive 2003/71/EC (and the implementing laws and regulations in the relevant Member States).

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes or any other securities of Intelsat, nor shall there be any offer, solicitation or sale of the notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.

  • Powers high quality, reliable broadband services to thousands of ATM networks throughout Saudi Arabia
  • Delivers VSAT services to small and medium corporate enterprises and ships operating in and outside of this fast-growing region

Luxembourg | March 7, 2016– Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, announced that Detecon Al Saudia Co. Ltd. (DETASAD) has renewed and expanded its contract for Ku-band satellite services to deliver broadband and internet connectivity to corporate networks operating in and outside of Saudi Arabia.

Under the multi-year contract, DETASAD will leverage Ku-band services via Intelsat 15 at 85º East and Intelsat 20 at 68.5º East to guarantee access to the highest levels of broadband connectivity for its enterprise customers. DETASAD incorporates Intelsat’s satellite services into the largest financial transaction networks in the region, supporting a very large number of Automated Teller Machines (ATMs) located throughout Saudi Arabia, among other applications where high reliability and security are critical to success.

“We partnered with Intelsat to complement our existing telecom infrastructure as Intelsat’s satellite solutions have a strong track record of seamlessly and securely connecting broadband networks across a vast area,” said Adel Al Gidawi, CFO, Detecon Al Saudia Co. Ltd. (DETASAD). “Intelsat and DETASAD have been in the VSAT business together since 2003. Throughout our relationship, Intelsat has proven to be a strategic and trusted partner that has helped us meet the high standards of our customers across multiple sectors. As the demands placed on us by broadband users in Saudi Arabia continue to grow, extending our relationship with Intelsat will provide us with the bandwidth necessary to extend our network, grow our business and, most importantly, support the needs of communities and businesses located throughout the region.”

Along with powering Saudi Arabia’s ATM networks, DETASAD serves a wide range of corporate networks that are used by small and medium enterprises, maritime operators, oil and gas companies, government agencies, and Internet Service Providers (ISPs) to help power the country’s economy and deliver services to urban and remote areas.

“We understand that DETASAD’s customers are diverse in nature and as such, have unique requirements,” said Jean-Philippe Gillet, Intelsat’s Vice President, Europe, Middle East and Africa. “The breadth and depth of Intelsat’s globalized network enable us to tailor our services to meet the broadband requirements for companies and communities across sectors. With the demand for broadband connectivity only increasing in the Middle East, we look forward to working with DETASAD to deliver high quality, reliable and secure internet and broadband connectivity to corporate enterprises and customers across the banking, oil and gas and government sectors.

  • Simple ‘click of a mouse’ will deliver instant access to Intelsat’s Globalized Network
  • Seamless integration with terrestrial networks provides ultra-high availability, redundancy and security
  • IntelsatOne Flex for Enterprise delivers economies of scale and operational efficiencies and eliminates unnecessary overhead costs

Luxembourg | March 7, 2016– With nearly 4 billion people, 20 billion devices and 50 billion machines requiring broadband connectivity, corporate enterprises are looking for fast, easy and cost-efficient means to expand their MPLS or Ethernet networks in order to stay ahead of their customers’ emerging demands.

Today, Intelsat (NYSE: I), operator of the world’s first Globalized Network, powered by its leading satellite backbone, introduced IntelsatOne Flex for Enterprise, a managed service that allows regional and global enterprise network service providers to efficiently access and incorporate high throughput satellite technology into new and existing private networks. The result is a high performance, secure and flexible data network platform that supports regional and global application growth, all using a web-based network operations interface.

IntelsatOne Flex for Enterprise will deliver:

  • Instant Access to Intelsat EpicNG’s high speed broadband connectivity where the virtualized network will enable customers to flexibly allocate and move bandwidth to meet surges in demand or new geographic requirements.
  • Seamless Integration with terrestrial MPLS or Ethernet Networks as IntelsatOne Flex for Enterprise allows customers to maintain Class of Service tags across both satellite and terrestrial components.
  • Control and Visibility to the End Terminal through a robust Network Management System (NMS) that allows service providers to: customize, prioritize and contend Mbps; offer differentiated levels of service to their end users; and maintain full control of the offering and brand. The customer portal will also provide real-time monitoring, tracking and reporting.
  • Streamlined Ground Operations through IntelsatOne Flex’s uniform performance, which enables customers to mass-order terminals in advance and take advantage of volume pricing, further simplifying and accelerating the procurement, deployment and installation of new revenue-driving remotes.
  • Significant Cost Savings through the use of smaller terminals, which are much more cost effective to purchase and maintain, even in the most remote locations.
  • Ultra-High Availability, Multi-Layer Redundancy and Security through Intelsat’s Globalized Network.

“IntelsatOne Flex for Enterprise will provide our customers with the unprecedented scalability and flexibility needed to manage the complex challenges driven by the explosive demands for broadband connectivity,” said Karen Schmidt, Vice President, Marketing, Intelsat. “Unlike with other platforms, the backward compatibility of Intelsat’s Globalized Network does not require customers to replace their existing technology or switch out their ground infrastructure. As a result, customers can redeploy the cost savings and instead, focus on expanding their businesses and driving new revenue streams. Most importantly, IntelsatOne Flex for Enterprise can be easily integrated into an existing architecture and serve as a single point of entry to a virtual Globalized Network that can deliver on its promise of providing high-speed broadband and internet connectivity, whenever or wherever you need it, today.”

  • Preliminary fourth quarter revenue of $571.3 million; preliminary full year 2015 revenue of $2,352.5 million
  • Expects to incur a non-cash impairment charge resulting in a substantial reduction of our $6.8 billion goodwill and other intangible assets
  • Preliminary fourth quarter net income attributable to Intelsat S.A. of $49.1 million, prior to the effect of any impairments; preliminary full year 2015 net income attributable to Intelsat S.A. of $242.0 million, prior to the effect of any impairments
  • $9.4 billion contracted backlog provides visibility for future revenue and cash flow
  • Reports open market purchase of approximately $25 million of Intelsat Luxembourg Senior Notes due 2018
  • Intelsat EpicNG satellite era begins, following successful launch and orbit raising of Intelsat 29e
    Intelsat issues 2016 Guidance

Luxembourg | February 22, 2016– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today announced preliminary financial results for the three months and full year ended December 31, 2015.

Intelsat reported preliminary total revenue of $571.3 million for the three months ended December 31, 2015.

The company expects to incur a non-cash impairment charge resulting in a substantial reduction of our $6.8 billion goodwill and other intangible assets. The charges primarily reflect a reduction to the goodwill value established as a result of the acquisition of Intelsat in 2008.

At present, we believe this process will be completed in the next two weeks after which we would expect to file our Annual Report on Form 20-F for the year ended December 31, 2015.

All three months ended and year ended 2015 financial information provided in this release is preliminary and presented prior to giving effect to any impairment charges we ultimately incur.

The company reported preliminary net income attributable to Intelsat S.A. to be $49.1 million, or $0.42 per share on a diluted basis, prior to the effect of any impairments, for the three months ended December 31, 2015. Preliminary adjusted net income per diluted common share1 is $0.55, prior to the effect of any impairments, for the three months ended December 31, 2015.

Intelsat S.A. reported preliminary EBITDA1, or earnings before net interest, gains on early extinguishment of debt, taxes and depreciation and amortization, of $443.5 million, prior to the effect of any impairments, and preliminary Adjusted EBITDA1, of $452.6 million, or 79 percent of revenue, prior to the effect of any impairments, for the three months ended December 31, 2015.

For the year ended December 31, 2015, Intelsat reported preliminary total revenue of $2,352.5 million and preliminary net income attributable to Intelsat S.A of $242.0 million, or $2.06 per share on a diluted basis, prior to the effect of any impairments. The company reported preliminary adjusted net income per diluted common share to be $2.80, prior to the effect of any impairments, for the year ended December 31, 2015. Intelsat also reported preliminary EBITDA of $1,818.4 million, and Adjusted EBITDA of $1,854.5 million, or 79 percent of revenue, prior to the effect of any impairments, for the year ended December 31, 2015.

Intelsat Chief Executive Officer, Stephen Spengler said, “With Intelsat 29e successfully launched and now completing in-orbit testing, a new era for Intelsat has begun. The higher performance, improved economics and simple access of Intelsat EpicNG is unlocking new sources of demand for our global network. Our top priorities include placing the Intelsat EpicNG and other satellites in our launch program into service and introducing data networking services that leverage our scale and global reach. We are also advancing further innovations in new antenna and networking hardware that will open new applications for Intelsat, such as the connected car. These three initiatives will propel us into attractive new markets and expand our leadership in large and fast-growing applications, such as mobility. Over time, these opportunities should eclipse the challenging environment we are seeing today.”

“With $2.35 billion in revenue and $1.85 billion in Adjusted EBITDA, prior to the effect of any impairments, in 2015 we delivered on plan for the year,” continued Mr. Spengler. “Performance by customer set was generally as expected, with network services meeting guidance, the government sector outperforming and our media business falling slightly short of our plan. While ongoing headwinds will continue to impact our business in 2016, the launches of Intelsat 29e, Intelsat 31, Intelsat 36, and Intelsat 33e during this period will position us for a return to growth.”

Mr. Spengler added, “Our backlog continues to provide the visibility into future revenue and cash flows that allows us to invest in our fleet and pursue our long-term business strategy. Year-end 2015 backlog of $9.4 billion was four times annual revenue.”

To read the full version of the earnings release, including detailed financial results, please download the Earnings Release.

To read the new Quarterly Commentary, including business trends, please download the Quarterly Commentary.

Luxembourg | January 27, 2016– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today announced that Intelsat 29e, the first of the Intelsat EpicNG high throughput satellites, was launched successfully from French Guiana aboard an Ariane 5 vehicle. Liftoff occurred at 6:20 pm EST. The Intelsat 29e satellite separated from the rocket’s upper stage 38 minutes after launch, at 6:58 pm EST, and signal acquisition has been confirmed.

Manufactured by Boeing and equipped with the most advanced digital payload on a commercial spacecraft, Intelsat 29e will bring high throughput capacity in both C- and Ku-band to North and Latin America and the North Atlantic region. Intelsat 29e will be placed into service at 310° East, where it replaces Intelsat 1R.

Intelsat 29e is the first satellite of Intelsat’s next generation, all digital EpicNG satellite platform, which combines wide beams and spot beams with frequency reuse technology and the sector’s most advanced digital payload. The digital payload will provide customers with unprecedented security and flexibility, enabling customers to seamlessly access and shift capacity to match their usage needs in a particular region or timeframe. Intelsat EpicNG is optimized to provide satellite connectivity for applications including the Internet of Things, enterprise, wireless infrastructure, aeronautical and maritime mobility, and government, which are expected to provide a combined $3 billion incremental opportunity by the year 2020.

“Today’s launch represents a truly ‘epic’ moment in communication’s history, as we begin a new era of high throughput satellite services for our customers,” stated Stephen Spengler, Chief Executive Officer, Intelsat. “This is a testament to the innovation and creativity of the Intelsat team who envisioned the Intelsat EpicNG platform nearly four years ago. Through design expertise and a deep understanding of our customers’ requirements, the Intelsat EpicNG platform will deliver high performance, improved economics and simplified access that will expand the addressable market for our solutions.”

The Intelsat EpicNG platform design reflects the company’s innovative approach to introducing high throughput technology into the world’s largest community of enterprise-grade satellite networks which operate on the Intelsat fleet. Intelsat EpicNG is backwards compatible and fully interoperable with Intelsat’s existing satellite fleet and terrestrial infrastructure, allowing customers to use currently deployed network hardware to access the high performance connectivity. The platform’s open architecture allows customers to have control over service offerings and hardware selection, providing differentiation of service offerings.

The payload will deliver carrier-grade services to fixed and mobile network operators, and broadband for applications such as enterprise, aeronautical and maritime mobility, and government throughout the Americas. The satellite also features spot beams for mobility customers serving the heavily trafficked North Atlantic region. Companies such as Harris CapRock, Panasonic, EMC (formerly MTN), Axesat and leading national telecom operators in Latin America will be among the first to deploy services on the platform.

Intelsat 29e is the 56th Intelsat satellite launched by Arianespace. Intelsat expects to launch the second Intelsat EpicNG satellite, Intelsat 33e, which will serve Europe, Africa, the Middle East, and Asia, in the third quarter of 2016, also aboard an Arianespace launcher.

  • First Multi Spot Beam, Ku-Band High Throughput Satellite to Serve Latin America

Luxembourg & Paris | December 11, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, announced today that the first of the Intelsat EpicNG series of High Throughput Satellites, Intelsat 29e, arrived at the Guiana Space Center in Kourou, French Guiana, where it will undergo final preparations before its scheduled launch on an Ariane 5 rocket on the 27th of January 2016.

Manufactured by Boeing and equipped with the most advanced digital payload on a commercial spacecraft, Intelsat 29e will bring High Throughput capacity in both C- and Ku-band to North and Latin America and the North Atlantic region, and is designed to be fully interoperable with the already deployed Intelsat satellite fleet and terrestrial infrastructure.

Intelsat EpicNG features an exceptionally flexible high throughput payload design that is backward compatible with already deployed user networks globally. It has an open architecture built to address an expected $3 billion incremental increase in revenue opportunities related to an increase in demand by the year 2020 for satellite-based infrastructure in the enterprise, wireless infrastructure, aeronautical and maritime mobility, government and Internet of Things sectors.

The amount of data traffic in Latin America is expected to increase at a compound annual growth rate of 66 percent from 2014 through year-end of 2018. With surging broadband requirements and an increasing number of smartphone users, the Intelsat 29e flexible and scalable architecture will enable fixed and mobile network operators to cost-effectively extend their networks and meet the surges in broadband demand across the continent.

Select customers in the region have already committed to take advantage of Intelsat EpicNG, include Compania Anonima Nacional Telefonos de Venezuela, BT Latam Venezuela, Anditel, S.A.S, Axesat, Amazonia Cabo Ltda., Cadena Ecuatoriana de Television C.A., Canal 10 CETV, Corporacion Nacional de Telecommunicaciones CNTE.P., Fox Latin America Channels do Brasil, Igrege Mundial do Poder de Deus, Radio e Televisao Banderantes and Telefonica del Peru.

Intelsat 29e will also deliver enterprise-grade, broadband services to aero and maritime mobility service providers and users. The satellite combines wide and high performing spot beam designs facilitating combined broadcast and broadband applications within the same network. As previously announced, prestigious customers such as EMC, Panasonic and Harris CapRock have committed to the Intelsat EpicNG fleet for mobility and fixed and mobile enterprise applications.

Intelsat 29e is currently scheduled for launch on 27 January 2016 during a window that is currently scheduled to open at 5:29 pm EST and closes at approximately 7:36pm EST. Following a successful launch, Intelsat 29e will be placed at the 310°E orbital location, where it will undergo in-orbit testing prior to its expected in-service date of mid-2016.

Intelsat 29e is currently scheduled for launch on 27 January 2016 during a window that is currently scheduled to open at 5:29 pm EST and closes at approximately 7:36pm EST. Following a successful launch, Intelsat 29e will be placed at the 310°E orbital location, where it will undergo in-orbit testing prior to its expected in-service date of mid-2016.

  • Intelsat Executive Jay Yass Named Vice President of Business Development
  • Satellite Industry Executive Hazem Moakkit Joins Intelsat as Vice President of Corporate and Spectrum Strategy

Luxembourg | November 10, 2015– Over the course of 2015, Intelsat S. A. (NYSE: I), the world’s leading provider of satellite services, has forged strategic partnerships with leading networking hardware and antenna manufacturers as it implements its strategy to drive performance, improve economics and simplify access to the company’s next-generation high throughput satellite platform, Intelsat EpicNG.

Building on that momentum, the company today announced that it has appointed long-standing Intelsat executive Jay Yass to Vice President of Business Development and named Hazem Moakkit to the newly created role of Vice President of Corporate and Spectrum Strategy. Mr. Yass and Mr. Moakkit will report to Bruno Fromont, Intelsat’s Senior Vice President of Strategy and Asset Management and be based in the company’s McLean, VA office.

In his new role, Mr. Yass will add to his market development responsibilities and lead Intelsat’s global business development initiatives. He will oversee the company’s business development team and work closely with Intelsat’s corporate strategy, product management as well as its innovation and service architecture teams to identify and establish partnerships that will complement the type and value of the services delivered to customers. Prior to his current position, Mr. Yass served as Intelsat’s Vice President of Global Accounts and Strategic Sales as well as Intelsat’s Vice President of Network Services Product Management. Before joining Intelsat in 2003, he held senior sales and business development management roles at Telogy Network (now part of Texas Instruments) and GTE Satellite Corporation.

In his newly created role, Mr. Moakkit will lead the corporate strategy and spectrum teams, analyzing shifts in market trends to guide the strategic direction of the company. He will also be responsible for optimizing Intelsat’s orbital spectrum rights to support the company’s overall business plans. Bringing more than two decades of industry experience to Intelsat, Mr. Moakkit has held executive regulatory and spectrum affairs positions at O3b Satellite Networks and Yahsat.

”As Intelsat continues to look for innovative approaches that will drive value for our customers, Jay’s and Hazem’s leadership and expertise will be essential to accelerating our business development initiatives and delivering new services to the marketplace,” said Bruno Fromont, Senior Vice President, Strategy and Asset Management, Intelsat. “Jay is a long-standing Intelsat executive with a proven track record of developing strong ecosystem partnerships, enabling him to effectively lead our Business Development team. Similarly, Hazem’s wealth of experience in spectrum strategy and development will prove invaluable as Intelsat analyzes and identifies new applications where our satellite-based solutions will play a meaningful role in the continuing expansion of broadband connectivity everywhere.”

  • First Intelsat EpicNG high-performance satellite will be placed in orbit by Ariane 5

Luxembourg | November 10, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, announced today that Intelsat 29e, the first of the Intelsat EpicNG high throughput satellites, is scheduled to launch on January 27, 2016, aboard an Arianespace Ariane 5 ECA launch vehicle from the Guiana Space Center in Kourou, French Guiana.

Manufactured by Boeing, Intelsat’s EpicNG satellites operate in both C-and Ku-band, and are fully interoperable with the entire Intelsat satellite fleet. The Intelsat EpicNG satellites will operate the most advanced digital payload commercially available, providing commercial and government customers access to high throughput capabilities, which will result in a flexible broadband infrastructure that will scale to meet their needs.

Located at 310° East, Intelsat 29e will replace Intelsat 1R and Intelsat 805. The payload will enable the delivery of enterprise-grade, broadband services to fixed and mobile network operators, aero and maritime mobility service providers, and to government customers operating throughout the Americas. The satellite will also provide spot beams for mobility customers serving the heavily trafficked North Atlantic region. To date, companies such as Harris CapRock, Panasonic, EMC (formerly MTN), Axesat and leading national telecom operators in Latin America will be among the first to deploy services on the platform.

“This is an exciting time for our company, with Intelsat leading the way with new satellite-based solutions that address the needs of our always-connected world,” stated Stephen Spengler, Chief Executive Officer, Intelsat. “With broadband demands only increasing, Intelsat 29e will enable our customers to extend the reach of their networks and provide high quality, fast, reliable connectivity, whether they are serving end users in flight, at sea or increasing the amount of throughput on existing broadband infrastructure. With 2016 fast approaching, Intelsat 29e is completed and awaiting shipment to the launch site. Intelsat continues to work closely with Boeing and Arianespace to ensure that Intelsat 29e is ready for its planned January launch date and to mark the next evolution in Intelsat’s longstanding history of innovation.”

Intelsat 29e marks the first of Intelsat’s next generation EpicNG satellite fleet that combines wide beams and spot beams with frequency reuse technology to meet customers’ growing demand for broadband connectivity worldwide. Intelsat29e will be the 56th Intelsat satellite orbited by Arianespace and the first dedicated launch aboard an Ariane 5 rocket for Intelsat. Intelsat expects to launch the second Intelsat EpicNG satellite, Intelsat 33e, which will serve Europe, Africa, the Middle East, and Asia, in the third quarter of 2016, also aboard an Arianespace launcher.

  • Third quarter revenue of $580.8 million
  • Third quarter net income attributable to Intelsat S.A. of $78.0 million
  • Net income per diluted common share of $0.66; Adjusted net income per diluted common share of $0.85
  • EBITDA of $452.0 million and Adjusted EBITDA of $458.1 million, or 79 percent of revenue
  • $9.5 billion contracted backlog provides visibility for future revenue and cash flow
  • Estimated in-service dates for Intelsat EpicNG program and other satellites remain unchanged
  • Company provides update on Intelsat EpicNG commitments
  • Intelsat reaffirms its 2015 revenue and Adjusted EBITDA financial outlook

Luxembourg | October 29, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today reported total revenue of $580.8 million and net income attributable to Intelsat S.A. of $78.0 million, or $0.66 per common share on a diluted basis, for the three months ended September 30, 2015. The company reported adjusted net income per diluted common share1 of $0.85 for the three months ended September 30, 2015.

Intelsat S.A. reported EBITDA1, or earnings before net interest, taxes and depreciation and amortization, of $452.0 million, or 78 percent of revenue, and Adjusted EBITDA1 of $458.1 million, or 79 percent of revenue, for the three months ended September 30, 2015.

Intelsat CEO, Stephen Spengler, said, “Intelsat continues to make meaningful progress as we position the company for long term growth, leveraging our new high throughput capacity and introducing new services to address the $3.0 billion of incremental demand for satellite solutions expected over the next five years. The first launch of our next generation fleet is just months away. Since July 1, 2015 Intelsat has signed six additional contracts on the Intelsat EpicNG platform. These contracts span applications including enterprise, fixed and wireless infrastructure, media and mobility. Of the contracts we are disclosing today, one in particular represents a significant commitment by a global provider of broadband services that focuses on markets including the energy, government and cruise industries. This contract is the largest single commitment for broadband infrastructure ever received by Intelsat.

Spengler continued, “Our results are in line with our overall expectations for 2015, with third quarter revenue of $581 million reflecting the near-term trajectories of each of our network services, media and government businesses, and Adjusted EBITDA of $458 million, or 79 percent of revenue, demonstrating our continued financial discipline. As a result, today we are reaffirming our guidance for 2015 revenue, Adjusted EBITDA and capital expenditures.

“As we execute on our operational priorities, our top focus is placing new satellites into service. Our Intelsat 34 satellite, which was launched in August 2015, entered service earlier this month, providing revenue continuity and growth for our media customers in Latin America and building our inventory for mobility applications over the North Atlantic. We have an active campaign to dramatically enhance our inventory next year as we expect to launch two media satellites, two Intelsat EpicNG satellites and an Intelsat EpicNG payload. The schedule for our launch program remains unchanged. As our next generation Intelsat EpicNG satellites begin entering service, inventory will further expand, supporting higher growth applications and service offerings that provide higher performance, better economics and accelerated market entry for our customers. A prime example of these services is IntelsatOne® Flex, which we recently introduced for the mobility sector.”

To read the full version of the earnings release, including detailed financial results, please download the Earnings Release.

To read the new Quarterly Commentary, including business trends, please download the Quarterly Commentary.

Luxembourg | August 20, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today announced that its Intelsat 34 satellite was launched successfully from French Guiana aboard an Ariane 5 vehicle. Liftoff occurred at 4:34 pm EDT. The Intelsat 34 satellite separated from the rocket’s upper stage 40 minutes after launch, at 5:14 pm EDT, and signal acquisition has been confirmed.

Intelsat 34 is a C- and Ku-band satellite to be placed into service at the 304.5ºE orbital location. It will replace Intelsat 805 and Galaxy 11 as the third in Intelsat’s leading Latin America, pan-regional video distribution neighborhood (which includes Intelsat 11 and Intelsat 21). Intelsat 34 includes a C-band payload which will deliver media distribution services for blue chip media powerhouses including Fox Sports and HBOLA. The satellite also hosts a leading Direct-to-Home (“DTH”) platform in Ku-band as well as a specialized Ku-band payload serving the North Atlantic that will support broadband services for the fast growing aeronautical and maritime mobility sector. Intelsat 34 was built by SSL.

“Intelsat 34 is a great example of the breadth of services that Intelsat’s satellites are able to provide to communities around the world,” said Stephen Spengler, Chief Executive Officer, Intelsat. “With services spanning from DTH and cable programming distribution, to broadband for vessels and planes traversing the North Atlantic, Intelsat 34 demonstrates our role in delivering broadband infrastructure and media distribution with superior reliability. We are thrilled with today’s successful launch and look forward to our next two launches which are scheduled for the first quarter of 2016, including the first of our Intelsat EpicNG® satellites, Intelsat 29e.”

  • Second quarter revenue of $598.1 million
  • Second quarter net income attributable to Intelsat S.A. of $60.2 million
  • Net income per diluted common share of $0.47; Adjusted net income per diluted common share of $0.70
  • EBITDA of $462.3 million and Adjusted EBITDA of $473.4 million, or 79 percent of revenue
  • $9.5 billion contracted backlog provides visibility for future revenue and cash flow
  • Launch schedule for Intelsat EpicNG® program and other satellites unchanged
  • Intelsat reaffirms its 2015 revenue and Adjusted EBITDA financial outlook; milestone timing shifts some of our 2015 capital expenditures to 2016

Luxembourg | July 30, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today reported total revenue of $598.1 million and net income attributable to Intelsat S.A. of $60.2 million, or $0.47 per common share on a diluted basis, for the three months ended June 30, 2015. The company reported adjusted net income per diluted common share1 of $0.70 for the three months ended June 30, 2015.

Intelsat S.A. reported EBITDA1, or earnings before net interest, taxes and depreciation and amortization, of $462.3 million, or 77 percent of revenue, and Adjusted EBITDA1 of $473.4 million, or 79 percent of revenue, for the three months ended June 30, 2015.

Intelsat CEO, Stephen Spengler, said, “Overall, Intelsat delivered a solid second quarter with revenues of $598 million. Contract renewals in each of our network services, media and government businesses are within our expectations for the year and include promising contract expansions that use traditional and next generation Intelsat EpicNG services. As a result, today we are re-affirming our guidance for 2015 revenue and Adjusted EBITDA. Our guidance also reflects the shifting of some of our 2015 capital expenditures to 2016, due to timing of milestone achievements.

“Progress on our operational priorities allows us to position for a return to growth over the long term. We are continuing to leverage sector innovations that will differentiate our services and enable us to address new and faster growing applications and vertical markets. In June 2015, we announced an alliance with OneWeb’s proposed low earth orbit satellite platform, which will be interoperable with our Intelsat EpicNG fleet. This will create the first and only fully global, pole-to-pole high throughput satellite system, providing increased differentiation of our mobility networks and government services. We continued our work on introducing new services in the second quarter, announcing IntelsatOne® Flex, a fully-managed infrastructure service for the mobility sector. IntelsatOne Flex gives our customers flexibility to better manage capacity for geographic expansion and surge requirements.”

Spengler continued, “Our expected satellite launches from August 2015 through the first quarter of 2016 ­— Intelsat 34, Intelsat 29e, and Intelsat 31 — remain on track, even after accounting for disruptions in the launch sector. We expect that the successful entry into service of these satellites will refresh existing capacity and provide significant incremental inventory, supporting the growth strategies of our media, network services and government businesses.”

To read the full version of the earnings release, including detailed financial results, please download the Earnings Release.

To read the new Quarterly Commentary, including business trends, please download the Quarterly Commentary.

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1In this release, financial measures are presented both in accordance with GAAP and also on a non-GAAP basis. EBITDA, Adjusted EBITDA, free cash flow from operations, Adjusted net income per diluted common share attributable to Intelsat S.A. and related margins included in this release are non-GAAP financial measures. Please see the consolidated financial information below for information reconciling non-GAAP financial measures to comparable GAAP financial measures.

Q2 2015 Quarterly Commentary
As previously announced, Intelsat is providing a detailed quarterly commentary on the company’s business trends and financial performance prior to the live earnings call. Please visit intelsat.com/investors for management’s commentary on the company’s progress against its long-term strategic priorities and outlook for 2015.

  • Intelsat EpicNG will enable Axesat to meet diverse range of customers’ needs while consolidating operations previously spread across multiple satellite platforms

Luxembourg | July 2, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today announced that Axesat S.A. has signed a multi-year agreement for satellite services on the high-performance Intelsat EpicNG platform. Axesat, the largest provider of satellite-based corporate networks in Colombia, selected the Intelsat 29e satellite as the best choice to support the growing needs of its corporate enterprise customers as well as its cellular backhaul customers throughout Latin America.

Under the agreement, Axesat will consolidate services spread across multiple satellites and operators, including Intelsat 805 and Intelsat 14, onto Intelsat 907 at 332.5°E and Intelsat 29e at 310°E. This will enable Axesat to deliver services to a diverse group of customers and, with the flexibility of Intelsat’s satellite services, to tailor unique solutions for each.

Intelsat 29e, scheduled for launch in the first quarter of 2016, features the most advanced digital payload in the commercial satellite market, bringing unprecedented power, efficiency and accessibility to the marketplace. Its combination of high-power Ku-band spot beams, wide beams, open architecture design and backward compatibility will enable Axesat to easily integrate Intelsat EpicNG into its existing network with minimal upfront capital expenditures. This will result in increased efficiencies and allow Axesat to focus on growing its business and expanding into new geographic areas.

“We reviewed many high throughput satellite (HTS) options and committed to Intelsat EpicNG because it provides the improved efficiency and hardware independence that we considered vital to our plans,” said Mauricio Segovia, President of Axesat. “Intelsat will allow us to seamlessly integrate HTS into our existing network, deliver more bandwidth and cost-efficient commercial solutions to our corporate and cellular backhaul customers, as well as support our growth strategies in the countries where we operate.”

“We designed Intelsat EpicNG to bring more power, better economics and make satellite more accessible to existing and potential customers. This enables companies such as Axesat to easily scale their existing infrastructure and take full advantage of HTS to meet the burgeoning demands for broadband connectivity in the region,” said Kurt Riegelman, Senior Vice President, Sales and Marketing, Intelsat. “With 3G networks on the rise in Latin America and the need for rural connectivity never greater, the Intelsat EpicNG platform will allow Axesat to capture growth in existing markets, expand their services into new locations and, importantly, improve broadband connectivity in the areas they wish to serve.”

Luxembourg and Singapore | June 1, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, and BT Group (NYSE: BT) today confirmed that BT has renewed and expanded services on three Intelsat satellites, spanning the Asia-Pacific, Africa and Latin America regions.

Under the new multi-year, multi-transponder agreement, BT will leverage capacity from three of Intelsat’s leading satellite neighborhoods to distribute programming for BBC World Service, a premier provider of global news and content. BT will have access to Intelsat’s teleport facility in Napa, California along with the company’s terrestrial network, IntelsatOne®.

The three satellite video neighborhoods, Intelsat 10-02 located at 1°W, Intelsat 805 at 55.5°W and Intelsat 19 at 166.0°E, combined with BT’s service offerings, will allow BBC World Service to increase its channel line-up and continue access to millions of listeners and viewers throughout Asia Pacific, Africa and the Americas.

“Intelsat and BT have a long and proven track record of leveraging each other’s technical strengths to help advance our customers’ business and growth objectives,” said Mark Wilson-Dunn, Vice President BT Media & Broadcast. “The high quality, resiliency and flexibility of Intelsat’s global satellite solutions, combined with the power of its regional video neighborhoods, make Intelsat the ideal partner to support BBC World Service’s global programming needs.”

Nigel Fry, Head of Distribution, BBC World Service, added, “In today’s information age, our viewers want fast-breaking, high quality and reliable content at all times regardless of location. By partnering with BT and Intelsat, we know that we will receive a seamless, integrated solution and distribution platforms that enable us to reliably reach our audience around the world.”

“BBC World Service has very specific requirements as it relates to its global programming needs, including optimizing its distribution and overall operational efficiency. By combining our distribution network with BT’s service offerings, we created a solution that provides BBC World Service with international distribution that serves its global audience, and supports its growth objectives,” said Kurt Riegelman, Intelsat’s Senior Vice President, Global Sales and Marketing. “BBC World Service premier content contributes to the nearly 5,500 SD and HD channels distributed across our fleet and can be accessed by tens of millions of viewers across Africa, Asia-Pacific and Latin America through our media neighborhoods.”

For more information, please visit Intelsat at CommunicAsia 2015 from June 2 through June 5 at Marina Bay Sands, Singapore, Stand 1S3-01.