• 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.

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 IntelsatOneSM 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.”

– 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.”