• 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.

• First quarter revenue of $602.3 million
• First quarter net income attributable to Intelsat S.A. of $54.7 million
• Net income per diluted common share of $0.47; Adjusted net income per diluted common share of $0.69
• EBITDA of $460.5 million and Adjusted EBITDA of $470.5 million, or 78 percent of revenue
• $9.7 billion contracted backlog provides visibility for future revenue and cash flow
• Launch schedule for Intelsat Epic^NG® program and other satellites unchanged
• Intelsat reaffirms its 2015 financial outlook

Luxembourg | April 30, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today reported total revenue of $602.3 million and net income attributable to Intelsat S.A. of $54.7 million, or $0.47 per common share on a diluted basis, for the three months ended March 31, 2015. The company reported adjusted net income per diluted common share1 of $0.69 for the three months ended March 31, 2015.

Intelsat S.A. reported EBITDA1, or earnings before net interest, and depreciation and amortization, of $460.5 million, or 76 percent of revenue, and Adjusted EBITDA1 of $470.5 million, or 78 percent of revenue, for the three months ended March 31, 2015.

Intelsat CEO, Stephen Spengler, said, “Overall, with revenues of $602 million, our business is performing to our 2015 expectations, with each customer set making progress on long-term goals in the first quarter. Our network services business continues to capitalize on growth in the mobility sector, with new service starts in the period. Network services also signed a sizeable contract from an existing customer that will transition to our next generation Intelsat EpicNG platform. Our recently deployed Intelsat 30 satellite supported renewed growth in our media business. Lastly, our government business continued to earn its share of new and renewed contracts.

Spengler continued, “One of our top priorities in 2015 is delivering capacity for launch. Of our satellites expected to launch over the next 12 months, our Intelsat 34, Intelsat 29e and Intelsat 31 satellite programs remain on schedule. With solid progress on our other priorities, such as ecosystem development and the introduction of new services, we are executing on our plan to create long-term growth.”

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.

• Fully Automated Network Enables Media Customers to Deliver Content Anytime, Anywhere and to Any Device

Luxembourg | April 10, 2015– As media consumption habits change and viewers demand more content be delivered across multiple devices, media companies are facing pressure to quickly upgrade their networks to meet the demands of a TV-everywhere and increasingly Over-the-Top (OTT) society. However, delivering content in new ways to multiple devices and in different formats is incredibly complex, and upgrading legacy networking systems can be a costly undertaking.

Today, Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, expands its media services offering with the introduction of IntelsatOne® Prism, a next-generation, IP content distribution platform and managed service that is fully integrated with Intelsat’s powerful global satellite fleet and IntelsatOne terrestrial network. IntelsatOne Prism’s fully automated, converged IP-based platform allows media customers to conduct multiple content transmissions via one platform, including linear video, file transfer, VoIP, Internet access and data exchange. It enables media customers to seamlessly implement digital media networking using legacy assets, improve bandwidth management with minimal investment and simplify overall content delivery and operational networks.

“The media landscape is changing rapidly, with video and data services entering a period of unprecedented convergence,” said Peter Ostapiuk, Head of Media Product Management, Intelsat. ”In order to address the changes occurring in their business models, our media customers want services that support their needs today, but also are adaptable to future formats and standards that may be deployed in the future. IntelsatOne Prism’s IP technology supports services that provide media customers with the perfect evolution that will extend media IP networking to the sky, delivering reliable, high-quality content contribution and distribution regardless of location or device. In addition, the versatility of the Prism enabled services will allow our customers to adapt their workflows, simplify their operations and support both current and future media applications, optimizing their overall network costs.”

IntelsatOne Prism services are based on the Newtec Dialog® multiservice broadcast solution, which combines the core Dialog VSAT platform and workflow automation functionality with Intelsat’s global satellite and terrestrial infrastructure as well as 24/7 monitoring to provide a seamless end-to-end solution. Initially available in North America via Intelsat’s Ku- and C-band satellites, the Prism ‘hub’ is a shared infrastructure owned and operated by Intelsat and located at its Atlanta, Georgia teleport. The customer terminals—fixed or mobile—complement the hub and allow legacy antennas and satellite news gathering (SNG) vehicles to be upgraded easily by integrating a Newtec modem, minimizing the upfront investment.

IntelsatOne Prism services will provide media customers with the ability to:

• Transform their legacy network. A single multimedia networking platform and portfolio of managed services allows customers to seamlessly upgrade a legacy satellite-based network to a next-generation, automated, hybrid satellite and terrestrial converged IP network.
• Refocus the business on digital media. The ability to automate a media provider’s legacy network applications while allowing it to deploy next generation digital media applications within one platform enables media companies to refocus fiber and satellite content delivery between production facilities, affiliates and the last mile. It allows for less switching and manual intervention, higher availability and faster speeds over a converged IP stream.
• Simplify operational complexities. Integrated software tools such as a file transfer application, as well as service activation/deactivation and monitoring, provide an end-to-end managed solution that simplifies operations.
• Improve bandwidth management and scheduling. Effective use of space segment and network resources over time through scheduling, reservation and automation assisted by advanced modulation and coding technologies help reduce transmission operating expenses.
• Upgrade the network quickly and with minimal upfront investment. This is due to the shared hub, which allows the media customers to invest only in remote terminals.

Initially, Intelsat will focus IntelsatOne Prism services in two areas:

• Full-Time Service: offered to media customers that want to leverage IntelsatOne Prism along with full time space, fiber and teleport services to enable them to manage bandwidth more efficiently, add new applications and features to their networks, and upgrade to IP-based operations. Media applications that will initially benefit from the full-time service include Broadcast network connectivity, Automated SNG, Radio Broadcasting, Disaster Recovery, DTT, Digital Cinema Delivery and Video File Delivery Services.
• Occasional Use: for those media customers that want to leverage the applications and features of IntelsatOne Prism, but on an ad-hoc basis using Occasional Use (OU) bandwidth. Media applications that would benefit from automated access voice, video and data links through an integrated platform include Special Event Coverage, OU SNG, Communications from Remote Locations, Regional Bureau Contribution and Surge from full-time to OU.

Intelsat plans to roll out IntelsatOne Prism services to additional regions, such as Europe, Latin America and Africa, as well as develop and deliver enhanced services for the platform, through 2015 and 2016.

• Phasor’s ultra thin, phased array antennas optimized for the Intelsat Epic NG® platform will enable high performing, cost efficient Ku-band broadband connectivity; offering service providers and aircraft operators catering to civil and government small-jet markets greater access, flexibility and choice for their broadband connectivity needs in the sky
  Washington DC | March 16, 2015– Building upon the company’s recent investments in innovative antenna technology and platforms, Intelsat S.A. (NYSE:I), the world’s leading provider of satellite services, announced today that it signed an agreement to co-design and produce an ultra-thin, active phased array, Ku-band satellite antenna solution with Phasor Inc., a leading developer of high throughput, modular, electronically steerable antennas (ESAs).

The innovative Ku-band antennas will be developed exclusively for Intelsat and optimized for the Intelsat EpicNG high throughput satellite (HTS) platform, the first satellite of which is expected to launch in the first quarter of 2016. This also marks the first cost-effective fuselage-mount Ku-band antenna suitable for installation on civil and government small-jets, which represent an underserved segment of the fast-growing aviation broadband market.

According to recent research reports, the civil and government small-jet markets are expected to experience significant growth, particularly in the developing markets around the world. EuroConsult reports: “The number of business jets is expected to grow from 18,400 in 2013 to 26,200 in 2023.” Seventy-five percent of civil small-jet passengers are high-level corporate executives who consider these aircraft “offices in the sky” with a need for broadband service that is as important in the air as it is in the workplace on the ground. When used in conjunction with Intelsat EpicNG Ku-band satellites, the Phasor antenna technology is expected to enable broadband speeds to small-jets of over 15Mbit/s to the aircraft and 5 Mbit/s from the aircraft.

Stephen Spengler, Intelsat’s Deputy Chief Executive Officer, said, “The high power of the Intelsat EpicNG platform combined with Phasor’s innovative antenna technology will unlock new market opportunities for both companies in the aviation sector. Today’s business and leisure travelers are demanding broadband connectivity in-flight in order to maximize their time and productivity so that they can keep up in today’s fast moving environment. Together, Intelsat and Phasor will provide service providers and aircraft manufacturers with more flexibility and choice as we help deliver high-speed broadband connectivity to passengers and aircraft operations that is efficient and highly reliable.”

Phasor’s ultra-thin, fuselage-mount active array antenna is expected to deliver significantly higher broadband speeds to civil and government small-jets via Intelsat EpicNG Ku-band satellites. The antenna’s small size and low profile allows for easy integration onto small-jet aircraft’s structure. Being fully electronic, the antenna will be able to seamlessly and reliably steer to beams on Intelsat’s global Ku-band satellite fleet. The unique size and scalability of the Phasor antenna will allow service providers and aircraft operators to create a very high gain antenna array and RF performance resulting in dramatically higher speed broadband connectivity and greater geographical coverage at a much lower installation and operating cost.

David Helfgott, CEO of Phasor, commented, “We are very pleased to partner with Intelsat and bring to the Small-Jet Aviation Marketplace a unique solution designed to meet the ever-growing demands for mobile broadband service. Combined with Intelsat’s innovative EpicNG satellite constellation, these markets for the first time will experience high bandwidth services enabled by a truly revolutionary antenna solution.”

• Ground-to-Ground Satellite Communication Specialists to Enable Connectivity at Every Stop along the Solar Impulse Journey

Luxembourg and Yverdon | February 26, 2015 | Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, and ITC Global, the leading provider of satellite communications to remote and harsh environments, announced today that the companies will provide ground-to-ground satellite communication services to Solar Impulse during its first round-the-world solar flight.

The Round-the-World Mission Flights will take place over five months from the beginning of March to the end of July 2015. Abu Dhabi, capital of the United Arab Emirates, has been named Host City of Solar Impulse for the First Round-The-World Solar Flight, and will be the departing and landing destination.

As Specialized Partners of the Solar Impulse project, Intelsat and ITC Global will enable the ground crew and support teams to communicate from anywhere to anyone in the world. Using a 1.8 meter, quick deploy antenna, the crew will leverage Intelsat’s global satellite network for broadcasts, webcasts, email, phone, data and video communications during its 35,000 km (22,000 mile) journey which is expected to take approximately 550 flight hours to complete. Intelsat and ITC Global will also provide 24×7 operations center support during the trip around the world.

“At Intelsat, we value the spirit of innovation that underlies the Solar Impulse adventure. We know what it means to push the limits of technology,” said Jean-Philippe Gillet, Vice President, Europe, Middle East & Africa Sales, “and are pleased to be able to help the Solar Impulse team share its remarkable journey with the world.”

“At ITC Global, we appreciate the commitment to renewable energy that underscores the Solar Impulse initiative,” said Roland Loos, COO and EVP. “With expertise in the energy markets, we are excited about the challenge of flying an airplane around the world with zero fuel on board, and proud to be a Specialized Partner to this pioneering feat.”

• Fourth quarter revenue of $619.1 million; full year 2014 revenue of $2,472.4 million
• Fourth quarter net income attributable to Intelsat S.A. of $16.2 million; full year 2014 net income attributable to Intelsat S.A. of $232.5 million
• Total 2014 net debt reduction of $475 million
  $10.0 billion contracted backlog provides a foundation for predictable cash flow and investment in our business
• Intelsat issues 2015 financial outlook

Luxembourg | February 18, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today reported total revenue of $619.1 million and net income attributable to Intelsat S.A. of $16.2 million, or $0.14 per share on a diluted basis, for the three months ended December 31, 2014. The company reported adjusted net income per diluted common share1 of $0.79 for the three months ended December 31, 2014.

Intelsat S.A. reported EBITDA1 , or earnings before net interest, losses on early extinguishment of debt, taxes and depreciation and amortization, of $462.0 million, and Adjusted EBITDA1 of $477.1 million, or 77 percent of revenue, for the three months ended December 31, 2014.

For the year ended December 31, 2014, Intelsat reported total revenue of $2,472.4 million and a net income attributable to Intelsat S.A. of $232.5 million, or $1.99 per share on a diluted basis. The company reported adjusted net income per diluted common share of $3.30 for the year ended December 31, 2014. Intelsat also reported EBITDA of $1,924.0 million, and Adjusted EBITDA of $1,958.7 million, or 79 percent of revenue, for the year ended December 31, 2014.

Intelsat Chairman and CEO, Dave McGlade said, “In 2014, we were able to deliver strong Adjusted EBITDA and cash flow in a challenging environment, meeting our guidance targets on all metrics. We also completed a debt pay down of $475 million and funded investments in our network. However, the continuation of the trends we experienced in 2014, such as pricing pressures in certain regions and applications, reduced U.S. government spending, and rising geopolitical challenges, compounded with services nearing the end of lifecycle, is creating ongoing headwinds for our business in 2015 and into 2016. We are taking action to counterbalance these trends, focusing our resources on laying the groundwork that will position us to return to growth as our new media satellites and next generation satellites enter service in mid-2016 and 2017.

The path forward for us is clear: design, build and place into service new satellite capacity; introduce services that leverage our ground network and networking capabilities; and develop advanced ground technologies and other innovations that will simplify access to our satellites. Through these initiatives, combined with supporting the growth of our core customers and optimizing the use of our orbital rights and global presence, we will enhance our ability to address larger and higher growth applications. By executing on these priorities, we will be positioned for success once our new inventory becomes available.”

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.

– – – – – – – – – – – – – – – – – – – – – – – – – –
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 (used in) operations, Adjusted net income per diluted common share 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.

Q4 2014 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 investors.intelsat.com for management’s commentary on the company’s progress against its long-term strategic priorities and outlook for 2015.

• Intelsat to gain customized payload for DTH applications for the Central and Eastern European and Asia Pacific regions; provide connectivity for network and government applications in Africa
• Azercosmos secures path to the second telecommunications satellite to meet growing demand in Europe, countries of Central and South Asia, and Middle East as well as Sub-Saharan Africa

Luxembourg/Baku | February 17, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, and Azercosmos OJSCo., the national satellite operator of Azerbaijan, today announced that the two companies have signed a strategic agreement at the 45 degrees East orbital position. The two companies will closely collaborate on the design of the Azerspace-2/Intelsat 38 satellite and leverage their respective strengths and capabilities during the manufacturing and operational phases of development.

The new satellite will provide continuity of service for the Intelsat 12 satellite currently stationed at 45 degrees East, an orbital location which hosts Direct-to-Home (DTH) platforms and provides connectivity for corporate network services in Africa. The new Intelsat 38 satellite will also provide services across Central and Eastern Europe, Asia and Africa.

For Azercosmos, the new satellite offers enhanced capacity, coverage and service offerings to support the growing demands in the region for DTH, government and network services currently supported by Azerspace-1.

“The demand for satellite capacity in our coverage markets, which include CIS, African and Asian countries, continues to grow and with Azerspace-2, it further underscores our commitment to deliver satellite services to the region,” stated Rashad Nabiyev, Chairman and Chief Executive Officer, Azercosmos. “With our second telecommunications satellite, we will be in a stronger position to meet the increasing demand for broadband and media applications. Our partnership with Intelsat will further strengthen both of our positions in the region and provide the necessary capacity to efficiently expand our services geographically.”

Stephen Spengler, Deputy Chief Executive Officer, Intelsat, stated, “Our partnership with Azercosmos is a great example of the value of collaborating with other satellite operators. Our collaboration will enable us to create additional capacity by leveraging our existing assets and maximizing the value of our orbital rights. As a result, Intelsat 38 will be strongly positioned to support the growth objectives of our customers at this orbital location, including leading DTH platforms in the fast growing Central Eastern Europe and Asia Pacific regions and connectivity for corporate network services in Africa.”

Azerspace-2/Intelsat 38 is scheduled to be launched in 2017.

• Pairing the Intelsat EpicNG® Global HTS satellite platform with Kymeta’s high performance metamaterials antennas will accelerate and simplify access to cost-effective satellite solutions for a range of applications

Luxembourg & Redmond, WA | February 5, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, and Kymeta Corporation, the leading developer of metamaterials-based antenna technology, today announced an agreement to design and produce innovative, flat, electronically steerable, Ku-band mTenna™ satellite antenna solutions that are optimized for the Intelsat EpicNG high throughput satellite (HTS) platform. The first Intelsat EpicNG satellite is expected to launch in late 2015.

Stephen Spengler, Intelsat’s Deputy Chief Executive Officer, said, “Intelsat’s ubiquitous, global telecommunications infrastructure is able to deliver broadband or narrow band communications virtually anywhere on the earth’s surface. We are making significant investments in our new Intelsat EpicNG satellite platform which will deliver increased throughput and cost efficiency. Just as important is our investment in this new, metamaterials-based ground technology which will simplify access to our satellites and open attractive new markets for our solutions. Under this joint development program with Kymeta, we will bring to market innovative solutions for existing and new applications, leveraging performance of our satellite platform. This is especially important as we begin to capitalize on the considerable opportunities that are opening to the sector with respect to connected mobility.”

Kymeta’s flat, thin, light and low-cost satellite tracking antennas will be designed to work seamlessly with Intelsat’s satellite fleet, providing complete flexibility to establish connectivity in sectors for which traditional antennas are not currently practical or feasible. The Intelsat-Kymeta development agreement is expected to lead to a range of antenna and terminal products across our core application verticals such as maritime and aero mobility, content delivery and wireless backhaul applications. In addition, it will provide the opportunity to expand our reach into new verticals such as the Internet of Things (IoT), machine-to-machine (M2M) and ground transportation which are expected to experience significant demand over the next 10 years. Kymeta has agreed to work exclusively with Intelsat on Ku-band technology development in certain application verticals.

“We are excited to partner with Intelsat to bring Kymeta’s patented mTenna™ technology to existing and newly enabled high-volume markets for mobile satellite communications,” stated Dr. Nathan Kundtz, President and Chief Technology Officer of Kymeta. “Intelsat’s global reach and next-generation network architecture are a natural fit for our unique technology. This agreement and the resulting Ku-band antenna solutions will create new opportunities for mobility and machine-to-machine telecom applications across a variety of verticals and further our vision of enabling lower cost, high-speed satellite Internet connectivity anywhere in the world.”

Luxembourg | January 5, 2015– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today announced a quarterly cash dividend of $0.71875 per share, to be paid to holders of its 5.75% Series A Mandatory Convertible Junior Non-voting Preferred shares, in accordance with the terms of the preferred shares. The dividend will be paid on 1 February, 2015, to holders of record as of 15 January, 2015.

• Chairman and CEO David McGlade to Transition to Executive Chairman Role, and Spengler to CEO Role, Effective April 1, 2015

Luxembourg | December 11, 2014– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, announced today that current Intelsat President and Chief Commercial Officer Stephen Spengler has been promoted to Deputy Chief Executive Officer, effective immediately.

Under the company’s succession plan, Intelsat Chairman and Chief Executive Officer David McGlade will transition to the position of Executive Chairman, effective April 1, 2015, at which time Mr. Spengler will become Chief Executive Officer. Mr. McGlade will have served as the Company’s Chief Executive Officer for 10 years.

Mr. Spengler has been with Intelsat in various executive positions since 2003, including serving as Executive Vice President, Sales, Marketing and Strategy. Mr. Spengler has nearly 30 years’ experience in the satellite and telecommunications industry. During his tenure at the company, Mr. Spengler led the development of Intelsat’s global mobility network, in which Intelsat now has a leading share of maritime and aeronautical broadband services. He has also overseen the development of the company’s next generation satellite platform, Intelsat EpicNG®, of which the first satellite is expected to launch in late 2015.

In announcing these changes, Mr. McGlade stated, “Steve is a proven leader with outstanding customer and communications industry knowledge and the ability to execute a global plan. His vision has been instrumental in driving our next generation strategy, and in building new innovative services with the commercial satellite services we provide.”

“Intelsat’s role in providing global connectivity has never been more relevant than it is today,” said Mr. Spengler. “Our entire company is focused on delivering services that support the future growth of our customers. I am honored to lead our team during a period when our technology and services are poised to accelerate the spread of broadband connectivity globally.”

Luxembourg | August 20, 2014– Intelsat (NYSE: I) today commemorates its 50th anniversary of providing critical telecommunications and video content distribution infrastructure for businesses, organizations and governments around the world. In honor of its anniversary, the company created a video library featuring 50 interviews with contributors to the earliest days of the commercial space sector, as well as the business leaders responsible for today’s innovations. The video gallery also includes the stories of Intelsat’s customers and employees who have witnessed firsthand the vital role of satellite communications in connecting the world.

“I can think of no better way to honor Intelsat’s 50th year and those early pioneers of space than by looking to the future and the advances that are taking place in space-based communications that will transform how people, machines, and businesses connect to one another,” stated Dave McGlade, Chairman and CEO, Intelsat. “The advent of high throughput satellite technology, such as Intelsat EpicNG, and innovation occurring at all levels of our ecosystem will ensure that communities and businesses around the world have the information and content they need to progress and thrive. That was our mission in 1964 and remains critically important at Intelsat today as we endeavor to connect people of the world.”

The International Telecommunications Satellite Organization (INTELSAT) was established on the basis of agreements signed by governments and operating entities on August 20, 1964. INTELSAT’s sole purpose was to provide the necessary communications infrastructure that would aid in the socioeconomic development of nations around the world.

Since then, Intelsat has played a crucial role in enabling the vast progression of telecommunications over the past half century. The company’s global satellite network has provided critical connectivity and content delivery that has transformed businesses, driven economic development and productivity and brought people together during global events.

Since Intelsat’s global satellite broadcast of Neil Armstrong’s walk on the moon in 1969, Intelsat’s satellites have allowed the world to share in real time some of modern history’s most historic moments and iconic entertainment events. As important, Intelsat has served as the critical link for news organizations and humanitarian workers by providing near-instant communications infrastructure during times of crisis.

50 years, 50 satellites, and millions of people connected by satellite communications, Intelsat remains the world’s leading provider of satellite communications. The company’s commitment to innovation, its customers and ensuring that businesses and people wherever they are around the world have access to content and connectivity that will enable them to thrive and grow continues to be at the core of Intelsat’s success.

• Second quarter revenue of $615.7 million;

• Second quarter net income attributable to Intelsat S.A. of $66.8 million;

• Net income per diluted common share of $0.53; Adjusted net income per diluted common share of $0.76; EBITDA of $485.5 million and Adjusted EBITDA of $490.4 million or 80% of revenue;

• $10.3 billion contracted backlog provides visibility for future revenue and cash flow; and

• Company updates 2014 guidance, including improved Adjusted EBITDA margin and increased debt pay down of approximately $475 million; reaffirms 2014 revenue guidance

Luxembourg | August 4, 2014– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today reported total revenue of $615.7 million and net income attributable to Intelsat S.A. of $66.8 million, or $0.53 per common share on a diluted basis, for the three months ended June 30, 2014. The company reported adjusted net income per diluted common share1 of $0.76 for the three months ended June 30, 2014.

Intelsat S.A. reported EBITDA1, or earnings before net interest, taxes and depreciation and amortization, of $485.5 million, or 79 percent of revenue, and Adjusted EBITDA1 of $490.4 million, or 80 percent of revenue, for the three months ended June 30, 2014.

Intelsat CEO, Dave McGlade, said, “In the second quarter, we performed in line with our expectations, delivering strong Adjusted EBITDA margins and making solid progress against our long-term business strategy and equity thesis.”

“We remain focused on working with our blue chip customers to provide them with satellite-based infrastructure that supports their business growth. During the quarter we announced a new satellite program with direct-to-home (“DTH”) operator, MultiChoice, as the anchor customer. The 15-year agreement expands our relationship with the leading pay television operator in Africa, and positions us for long-term growth. We ended the second quarter of 2014 with a contracted backlog of $10.3 billion, providing visibility into revenue and cash flow.

McGlade continued, “Our satellite programs remain on track, with Intelsat 30 expected to launch in the fourth quarter. With the benefits of strong Adjusted EBITDA margins, lower than average lifecycle capital expenditures and reduced interest costs producing strong cash flows, we continue to demonstrate progress on the first phase of our two-phase investment thesis. Today, we have raised our Adjusted EBITDA margin guidance and increased the target to de-lever our balance sheet in 2014 to approximately $475 million.”

• First quarter revenue of $628.9 million;
• First quarter net income attributable to Intelsat S.A. of $81.9 million;
• Net income per diluted common share of $0.70;
• Adjusted net income per diluted common share of $0.92; and
• $9.9 billion contracted backlog provides visibility for future revenue and cash flow
• Company affirms 2014 guidance, including debt paydown of approximately $400 million  

Luxembourg | May 1, 2014–

Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today reported total revenue of $628.9 million and net income attributable to Intelsat S.A. of $81.9 million, or $0.70 per common share on a diluted basis, for the three months ended March 31, 2014.  The company reported adjusted net income per diluted common share1 of $0.92 for the three months ended March 31, 2014.

Intelsat S.A. reported EBITDA¹, or earnings before net interest, taxes and depreciation and amortization, of $498.7 million, or 79 percent of revenue, and Adjusted EBITDA¹ of $505.8 million, or 80 percent of revenue, for the three months ended March 31, 2014.

Intelsat CEO, Dave McGlade, said, “Intelsat performed to plan in the first quarter, generating strong Adjusted EBITDA margins and free cash flow from operations.  Mobility applications, such as aeronautical broadband and maritime, are generating growth, but total revenue continues to be challenged by reduced U.S. government spending and pricing pressure on network services applications in Africa.”

“In other parts of our business, we continued to support regional media customers with distribution services and digital terrestrial television platforms.  We expanded distribution agreements with leaders in the maritime sector, building on our leadership position in broadband mobility solutions. We ended the first quarter of 2014 with a contracted backlog of $9.9 billion, providing visibility into revenue and cash flow.

McGlade continued, “Our satellite programs remain on track, with our single 2014 launch, Intelsat 30, expected to launch in the third quarter.  With the benefits of strong Adjusted EBITDA margins, lower than average lifecycle capital expenditures and reduced interest costs producing strong cash flows, we remain committed to our two-phase investment thesis and the target to de-lever our balance sheet in 2014 by approximately $400 million, as forecasted in our February guidance.”

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

Luxembourg | April 9, 2014– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today announced that African direct-to-home operator, MultiChoice, is leveraging Intelsat capacity to expand the reach of its digital terrestrial television (DTT) offering in Sub-Saharan Africa.

Under the agreement, MultiChoice, a pioneer in the Sub-Saharan African market, will expand its C-band capacity on Intelsat 904 at 60º East to distribute content to its terrestrial towers for DTT services. Intelsat 904 enables MultiChoice to further expand its DTT GOtv product offering to countries in Sub-Saharan Africa where it is already present, including Nigeria, Ghana, Uganda, Kenya, Rwanda, Zambia, Namibia and Malawi, and to target new countries.

“Intelsat is our primary partner for media satellite solutions in Africa, serving as our platform of choice for our Southern African direct-to-home (DTH) services and our DTT offerings. With Intelsat, we are able to broaden our reach in Sub-Saharan Africa and deliver more affordable and differentiated programming to the region,” said Nico Meyer, CEO MultiChoice Africa. “DTT is an important growth area for MultiChoice, and the quality, reliability and reach of Intelsat’s satellite network enable us to continue to expand our customer base and grow our GOtv product offering across the continent.”

Intelsat currently provides proven DTT solutions in Africa, supported by advanced technologies that facilitate efficient use of bandwidth and improved reception quality, enabling African audiences to enjoy the benefits of digital television. Intelsat also hosts premium video distribution neighborhoods serving all of the populated continents, offering excellent viewer penetration for popular content within and outside the continent.

“Intelsat has a strong track record of supporting DTT and DTH deployments throughout Africa,” said Grant Marais, Intelsat’s Regional Vice President, Africa Sales. “Intelsat 904 C-band provides MultiChoice with unparalleled reception quality, reliability and reach, enabling them to expand their DTT service offerings in Sub-Saharan Africa. As DTT signals allow for more efficient use of spectrum, MultiChoice will be able to provide existing and new customers with more differentiated content at very competitive prices.”

Intelsat will be exhibiting at the NAB SHOW 2014, the world’s largest electronic media show covering filmed entertainment and the development, beginning April 7-10, 2014. You can visit Intelsat at the Las Vegas Convention Center in the South Upper Hall, Booth SU 3110.

• Fourth quarter revenue of $642.8 million; fiscal year 2013 revenue of $2,603.6 million

• Fourth quarter net income attributable to Intelsat S.A. of $72.6 million; 2013 fiscal year net loss of $255.7 million

• Debt prepayment of $100 million in the fourth quarter of 2013; total 2013 debt decline of $617 million

• $10.1 billion contracted backlog provides visibility for future revenue and cash flow

Luxembourg | February 20, 2014–Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today reported total revenue of $642.8 million and net income attributable to Intelsat S.A. of $72.6 million, or $0.62 per share on a diluted basis, for the three months ended December 31, 2013.  The company reported adjusted diluted net income per common share¹ of $0.84 for the three months ended December 31, 2013.

Intelsat S.A. reported EBITDA¹, or earnings before net interest, taxes and depreciation and amortization, of $506.4 million, and Adjusted EBITDA¹ of $509.8 million, or 79 percent of revenue, for the three months ended December 31, 2013.

For the year ended December 31, 2013, Intelsat reported total revenue of $2,603.6 million and a net loss attributable to Intelsat S.A. of $255.7 million, or $2.70 per share on a diluted basis. The company reported adjusted diluted net income per common share of $2.44 for the year ended December 31, 2013.  Intelsat also reported EBITDA of $1,936.0 million, and Adjusted EBITDA of $2,033.4 million, or 78 percent of revenue, for the year ended December 31, 2013.

Intelsat CEO, Dave McGlade said, “Intelsat’s fourth quarter was in line with our expectations and capped a year of key accomplishments for the company as we position Intelsat to deliver on its long-term value creation strategy.  The completion of our IPO, combined with successful refinancing activity, has enabled us to initiate our de-levering plan, improve our maturity profile and significantly reduce our debt service.  On the operational side, in 2013, we have charted a solid course for steady longer-term growth expected upon the entry into service of our innovative Intelsat Epic^NG satellites beginning in 2016.

“During the 2013 fourth quarter, we saw solid bookings and renewals in our media and network services businesses, and we also furthered our presence in the broadband mobility sector.  Backlog at year-end 2013 was $10.1 billion, which provides visibility into revenue and cash flow.

“Performance overall continued to reflect two trends affecting our revenue growth, including the on-going effects of reduced U.S. government spending and the oversupply environment in Africa, which affects pricing within network services applications in that region.  At present, we believe these factors will persist in 2014, resulting in overall reduced revenues for the full year compared to 2013, while our mix of business and strong financial discipline should enable us to deliver Adjusted EBITDA margins consistent with 2013 results.

We also expect solid cash flows as we manage costs carefully, harvest efficiencies in our capital spending plans, and benefit from reduced interest expense.  This anticipated performance will leave us in a good position to continue to de-lever our balance sheet as we position for longer-term organic growth.”

Two documents are available to investors to assist with interpreting quarterly results and 2014 business trends.  As previously announced, beginning this quarter, Intelsat is providing a detailed quarterly commentary on the company’s business trends and financial performance prior to the live earnings call, in addition to the earnings release.

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 | February 5, 2014–

Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today announced that ViewSat, a global provider of broadcast and transmission services for television and radio channels, is utilizing Intelsat capacity to facilitate and successfully enhance ViewSat’s distribution service to the North American direct-to-home (DTH) market.  The service has been previously disclosed and live to new and existing ViewSat customers since November 2013.

 

As part of the agreement, ViewSat is utilizing the power of Intelsat’s Galaxy 19 video neighborhood.  Located at 97° West, Galaxy 19 serves as the premier U.S. neighborhood for free-to-air multicultural programming, distributing content originating from 66 countries around the world in more than 40 different languages.  The satellite offers a Ku-band DTH platform that serves customers in the United States and Caribbean.  Intelsat is also providing an uplink via the IntelsatOne^SM PoP in London and transporting the signal via IntelsatOne fiber to the company’s Mountainside Teleport in Maryland.  At the Mountainside Teleport, the signal is being uplinked to Galaxy 19 for the DTH application.

 

“ViewSat’s programming lineup includes some of the world’s most diversified content,” stated Safia Rana, Head of Sales and Marketing at ViewSat. “As we looked to expand our geographic footprint to North America, it was only natural that we would work with Intelsat, which has been our partner in serving the sub-Saharan African market on Intelsat 20 for many years.  The Galaxy 19 video neighborhood will allow us to deliver high quality, regionalized content, allowing us to increase our client’s audience and meet the unique demands of the North American market.”

 

“Maximizing viewership through global content distribution drives increased performance for content owners,” said Jean Phillipe Gillet, Intelsat’s vice president, Europe, Middle East and Africa (EMEA) sales. “Galaxy 19 is the perfect neighborhood for programmers and distributors, such as ViewSat, seeking multicultural audiences.”

• Verizon Communications executive brings extensive experience in strategic development and technology investments

Luxembourg | September 6, 2013– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today announced that its board of directors has elected John W. Diercksen to serve on the board as an independent director effective today. Mr. Diercksen will also serve on the Audit Committee.

Mr. Diercksen is currently an executive vice president of Verizon Communications, with responsibility for key strategic initiatives related to the review and assessment of potential mergers, acquisitions and divestitures. At Verizon, he previously held the position of executive vice president, strategy, development and planning and was instrumental in forging Verizon’s strategy of technology investment, including repositioning its assets through the acquisition of spectrum. Earlier in his career, Mr. Diercksen held a number of senior financial and leadership positions at Verizon, Bell Atlantic, and NYNEX, among others. Mr. Diercksen brings a wealth of experience in the telecommunications, media and mobile communications sectors.

“We are delighted to have John join Intelsat’s board,” said David McGlade, chairman of the board and chief executive officer of Intelsat. “With his background in telecommunications, strategic planning and public company experience, I look forward to his insight and perspective as we execute our strategy for meeting the future needs of our customers.”

Mr. Diercksen holds an MBA from Pace University and a Bachelor of Business Administration in finance from Iona College.

• Demonstration reinforces Intelsat’s ability to support cost-effective, VSAT-based 3G deployment in remote environment

Luxembourg | August 29, 2013– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, and Japan-based SoftBank Mobile Corp. today announced the successful trial of a cost-effective, rural 3G mobile phone service in Kenya. Intelsat supported the demonstration through capacity on the Intelsat 10 satellite and via the company’s teleport in Fuchsstadt, Germany.

The demonstration reinforced Intelsat’s ability to deliver a high throughput, managed VSAT-based 3G solution through the allocation of capacity based on traffic demands. Intelsat’s fleet and IntelsatOne terrestrial network were instrumental in enabling the deployment in rural Kenya, an area of Africa not supported by traditional land line infrastructure.

“There are still hundreds of millions of people who live outside mobile network coverage areas today,” said Junichi Miyakawa, executive vice president, director & CTO of SoftBank Mobile. “Harnessing SoftBank’s technology in rural parts of the world literally matches our corporate philosophy, ‘Information Revolution – Happiness for everyone.’ I hope this technology will make communication even more free and convenient for people around the world.”

“The successful field trial of a cost-effective, managed VSAT-based, rural 3G service delivery solution is an excellent example of the collaborative innovation that our industry requires to properly support the demands of its end users,” said Intelsat vice president of network services product management Steve Good.

“We are confident that technology advancements, such as this and our Intelsat EpicNG platform, will allow mobile operators to provide reliable, ubiquitous support to their most remote users, and provide a robust broadband infrastructure as networks upgrade from 2G to 3G, and eventually to 4G via satellite.”

SoftBank Mobile also utilizes the Intelsat 8 satellite and a managed service offering via the IntelsatOne terrestrial network for the delivery of cellular and data backhaul services to its customers across the southern islands of Japan. The agreement enables SoftBank Mobile to expand its service area and enhance the company’s offerings to customers in this geographically dispersed section of Japan.

• Revenue of $654 million up 2% vs. Q2 2012 on growth from network services and media customer sets

• Net loss attributable to Intelsat S.A. of $408 million includes pre-tax charges of $367 million for early extinguishment of debt and $78 million of one-time, pre-tax expenses related to April IPO

• Total debt reduced by $497 million as compared to December 31, 2012

• $10.4 billion contracted backlog provides visibility for future revenue and cash flow

Luxembourg | August 1, 2013– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today reported revenue of $653.8 million and a net loss attributable to Intelsat S.A. of $408.3 million, or $4.19 per share, for the three months ended June 30, 2013. The net loss includes $366.8 million for pre-tax charges related to early extinguishment of debt resulting from debt paydowns resulting from the company’s April 2013 initial public offering and debt refinancing activity in the second quarter. The company also reported EBITDA1 , or earnings before net interest, taxes and depreciation and amortization, of $439.2 million, and Adjusted EBITDA1 of $509.4 million, or 78 percent of revenue, for the three months ended June 30, 2013.

Intelsat CEO Dave McGlade said, “With the completion of our April IPO and successful debt refinancing initiatives in the first half of 2013, we’re driving a positive cycle of delevering our balance sheet. Lower interest costs and reduced capital expenditures will enable increased cash flow, which in turn should allow us to further reduce debt. I’m confident Intelsat is well-positioned to create value for all of its stakeholders.

“The Intelsat team is executing against our operational priorities for 2013. New business on video neighborhood satellites and on our broadband mobility infrastructure is driving on-network revenue growth in our network services and media businesses. Declines in our government business, due to the U.S. government budget sequestration and troop drawdowns, were reflected primarily in off-network revenues. Overall, revenue and Adjusted EBITDA grew at two percent and four percent, respectively, as compared to the second quarter of 2012.”

McGlade continued, “During the quarter, we furthered our commitment to our next-generation fleet design, announcing manufacturing commitments for four additional satellites to be deployed over the coming years as we replace existing satellites with the innovative, high-throughput and cost-efficient Intelsat EpicNG platform. Leading up to the launch of those satellites, we are working with strategic customers to create portfolios of services on the current fleet that satisfy today’s requirements while providing a bridge to our customers’ future growth needs on EpicNG . Progress on this front is demonstrated in our strong backlog of $10.4 billion, providing visibility into revenue and cash flow, and stability to our business.”

To read the full version of this release, including detailed financial results, please download a PDF copy.

Luxembourg | July 10, 2013– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today announced a quarterly cash dividend of $0.799 per share, to be paid to holders of its 5.75% Series A Mandatory Convertible Junior Non-voting Preferred shares. The dividend, which will be in an aggregate amount of $2.8 million, reflects preferred dividends accrued during the 100 day period commencing on the date of Intelsat’s initial offering of preferred shares, April 23, and ending July 31, 2013. The dividend will be paid on August 1, 2013, to holders of record as of July 15, 2013.

Luxembourg | June 25, 2013– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services,and Ericsson today announced the successful demonstration of a true 4K Ultra High Definition (UHD), end-to-end video transmission over satellite to Turner Broadcasting’s facilities in Atlanta, Ga. This was the first transmission of a UHD signal over satellite in North America, and the demonstration proves that the satellite delivery chain can accommodate the next-generation signals as soon as broadcasters are ready to offer them.

During the demonstration, Intelsat’s Galaxy 13 satellite delivered a 4:2:2 10-bit, 4K UHD signal at 60 frames per second, which resulted in an immersive viewing experience. The 100 Mbps video feed was encoded and decoded in real time by Ericsson, using its AVP 2000 contribution encoders and RX8200 receivers, capable of 4K UHD operations as well as HD and SD contribution at the highest quality. Newtec provided the modulation and demodulation hardware, featuring Clean Channel Technology®, and the satellite downlink antenna was provided by Turner Broadcasting.

An earlier test between Newtec and satellite transmission provider PSSI Global Services, which was conducted in preparation for the UHD demonstration, achieved 140 Mbps over a 36 MHz transponder on Galaxy 13 to a 4.6-meter antenna.

“4K UHD is the next evolutionary step for television broadcasting, and just as Intelsat supported the smooth transition from SD to HD, so too will we be ready to support the transition to full-time distribution in this new format,” said Peter Ostapiuk, Intelsat’s vice president of media product management.

“We are tremendously pleased with the outcome of today’s demonstration,” said Giles Wilson, head of TV compression business, Ericsson. “It shows what is feasible in terms of meeting consumer demand for the highest quality possible. Demonstrations such as this show operators that it is possible to start building the necessary ecosystem and a library of UHD TV content now as the industry readies itself for the roll-out of commercial services in the coming years. Ericsson has always been a pioneer of next-generation compression systems, and we are pleased to have worked with Intelsat to lead the way for UHD TV over satellite.”

– Companies leveraging Intelsat’s satellite fleet and IntelsatOne terrestrial network for reliable distribution

Luxembourg | June 17, 2013– Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, announced today agreements with leading media customers in the Asia-Pacific region.

Hong Kong-based TVBI Company Limited (TVBI), the worldwide operating arm of Television Broadcasts Limited, one of the world’s largest producers and distributors of Chinese-language programming, recently renewed a multi-year agreement on Intelsat 19. TVBI will use the capacity to deliver its premier content to customers in the Asia-Pacific region.

In addition, KDDI, a Japan-based global telecommunications company, recently signed an agreement with Intelsat to deliver managed media services via the IntelsatOne network. With an IntelsatOne edge node at the company’s New York City location, the IP network will connect KDDI’s customer’s four U.S. bureaus, as well as a European bureau, with the customer’s Tokyo headquarters over KDDI’s fiber network, delivering multiple video, file transfer and voice services.

The scalable network connects seamlessly with legacy services, such as on-net video contribution for Japanese broadcasters, via Intelsat’s owned and operated teleports and customer affiliates in the United States.

Intelsat offers the premier video neighborhoods in Asia-Pacific, with excellent penetration throughout the region. Media providers continue to take advantage of Intelsat’s satellite fleet and IntelsatOne network to reach customers in Asia, Africa, Europe and the Middle East.

“These agreements exemplify the aggressive growth in media distribution services across Asia-Pacific,” said Intelsat RVP of Asia-Pacific Sales Terry Bleakley. “Major programmers in the region continue to turn to Intelsat’s premier video neighborhoods for the flexible delivery of unique content on multiple platforms, reinforcing our critical role in the global infrastructure.”

Luxembourg | May 21, 2013– Intelsat S.A. [NYSE: I], the world’s leading provider of satellite services, today announced that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), priced $2,000,000,000 aggregate principal amount of 5 ½% senior notes due 2023 (the “2023 notes”) at an offering price of 100% and $635,000,000 aggregate principal amount of 65/8% senior notes due 2022 (the “2022 notes” and collectively with the 2023 notes, the “notes”) at an offering price of 106.25%. The 2022 notes will provide an effective yield of 5.76%.

The notes offering is expected to close on June 5, 2013, subject to certain conditions.

The 2023 notes will be guaranteed by certain of Intelsat Jackson’s parent companies and subsidiaries.

The 2022 notes will be issued under the same indenture as Intelsat Jackson’s existing 65/8% Senior Notes due 2022. Intelsat Jackson’s obligations under the 2022 notes will be guaranteed by certain of its parent companies. The 2022 notes will not be guaranteed by Intelsat Jackson’s subsidiaries.

The net proceeds from the sale of the 2023 notes are expected to be used by Intelsat Jackson to repay all amounts outstanding (approximately $868 million principal amount) under its two senior unsecured credit agreements.

In addition, Intelsat Jackson expects to use the net proceeds from the sale of the notes, together with other available cash, to make a dividend to Intelsat (Luxembourg) S.A., which will use such funds to redeem all of its 11¼% Senior Notes due 2017 in its previously announced redemption on June 12, 2013. The remaining net proceeds are expected to be used to pay related fees and expenses and for general corporate purposes.

The notes referred to above are being 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, until 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.

Luxembourg | May 21, 2013– Intelsat S.A. [NYSE: I], the world’s leading provider of satellite services, today announced that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), intends to offer $2,000,000,000 aggregate principal amount of senior notes due 2023 (the “2023 notes”). Intelsat Jackson’s obligations under the notes will be guaranteed by certain of its parent and subsidiary companies.

In addition, Intelsat Jackson intends to offer $635,000,000 aggregate principal amount of its 65/8% Senior Notes due 2022 (the “2022 notes” and together with the 2023 notes, the “notes”). The 2022 notes will be issued under the same indenture as Intelsat Jackson’s existing 65/8% Senior Notes due 2022. Intelsat Jackson’s obligations under the 2022 notes will be guaranteed by certain of its parent companies. The 2022 notes will not be guaranteed by Intelsat Jackson’s subsidiaries.

The net proceeds from the sale of the notes, together with other available cash, are expected to be used by Intelsat Jackson to repay all amounts outstanding (approximately $868 million principal amount) under its two senior unsecured credit agreements.

In addition, Intelsat Jackson expects to make a dividend to Intelsat (Luxembourg) S.A., which will use such funds and other available cash to redeem all of its 11¼% Senior Notes due 2017 in its previously announced redemption on June 12, 2013. The remaining net proceeds are expected to be used to pay related fees and expenses and for general corporate purposes.

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.