Intelsat
Intelsat S.A. is a Luxembourgish-American multinational satellite services provider with corporate headquarters in Luxembourg and administrative headquarters in Tysons, Virginia, United States. Originally formed as International Telecommunications Satellite Organization, from 1964 to 2001, it was an intergovernmental consortium owning and managing a constellation of communications satellites providing international telecommunications and broadcast services.
In March 2023, rival satellite operator SES confirmed that it was in talks about a merger with Intelsat but in June 2023, it was announced that these discussions had ended. On 30 April 2024, SES announced that an agreement had been reached to acquire Intelsat for US$3.1 billion, with the transaction expected to close in the second half of 2025. The acquisition was completed on 17 July 2025.
As of June 2022, Intelsat operated a fleet of 52 communications satellites which was then one of the world's largest fleets. In 2020, the company announced plans to procure, build and launch seven C-band satellites over the next several years. These C-band satellites will contribute to the acceleration of America's 5G buildout. In early 2022, the company announced contracts for four GEO software defined satellites, two in partnership with Airbus and two in partnership with Thales Alenia Space, that are scheduled to launch in 2023. These contracts point to the pursuit of a multi-year network transformation plan with investments designed to deliver higher speeds, more flexibility, redundancy, and backwards compatibility.
As of 2022, the company served approximately 1,800 customers and employed a staff of approximately 1,790 people.
History
instigated the creation of Intelsat with his speech to the United Nations on 25 September 1961. Less than a year later, John F. Kennedy signed the Communications Satellite Act of 1962. Intelsat was originally formed as International Telecommunications Satellite Organization and operated from 1964 to 2001 as an intergovernmental consortium owning and managing a constellation of communications satellites providing international broadcast services. In 2001, the international satellite market was fully commercialized, and Intelsat was privatized after 2001 as Intelsat was formed up as a private Luxembourg corporation.International Governmental Organization (1964–2001)
The International Governmental Organization began on, with 7 participating countries. The 1964 agreement was an interim arrangement on a path to a more permanent agreement. The permanent international organization was established in 1973, following inter-nation negotiations from 1969 to 1971. The most difficult issue to "resolve concerned the shift from management of the system by a national entity to management by the international organization itself".On 6 April 1965, Intelsat's first satellite, the Intelsat I, was placed in geostationary orbit above the Atlantic Ocean by a Delta D rocket.
In 1973, the name was changed and there were 81 signatories. Intelsat was "governed initially by two international agreements: The Agreement setting forth the basic provisions and principles and structure of the organization, signed by the governments through their foreign ministries, and an Operating Agreement setting forth more detailed financial and technical provisions and signed by the governments or their designated telecommunications entities", — in most cases, the latter are the ministries of communications of the party countries, but in the case of the United States, was the Communications Satellite Corporation, a private corporation established by federal legislation to represent the U.S. in international governance for the global communication satellite system. Intelsat at that time directly owned and managed a global communications satellite system, and structurally consisted of three parts:
- the Assembly of Parties – meeting every two years and concerned with aspects "primarily of interest to the Parties as sovereign States"—with each country having one vote.
- the Meeting of Signatories – meeting annually and composed of all the signatories to the Operating Agreement—primarily working on financial, technical and program matters, with each countries' signatory having one vote.
- a Board of Governors, meeting at least four times each year, making decisions on design, development, establishment, operation and maintenance of the in-space assets, appointed by signatories, but weighted to each signatory's "investment share" in the space assets.
Intelsat provides service to over 600 Earth stations in more than 149 countries, territories and dependencies. By 2001, Intelsat had over 100 members. It was also this year that Intelsat privatized and changed its name to Intelsat.
Since its inception, Intelsat has used several versions of its dedicated Intelsat satellites. Intelsat completes each block of spacecraft independently, leading to a variety of satellite manufacturing contractors over the years. Intelsat's largest spacecraft supplier by 2012 was Space Systems/Loral, having built 47 spacecraft by that time.
The network in its early years was not as robust as it is now. A failure of the Atlantic satellite in the spring of 1969 threatened to stop the Apollo 11 mission; a replacement satellite went into a bad orbit and could not be recovered in time; NASA used undersea cable telephone circuits as an alternative to route Apollo's communications to NASA during the mission. During the Apollo 11 moonwalk, the Moon was over the Pacific Ocean, and so other antennas were used, as well as Intelsat III, which was in geostationary orbit over the Pacific.
Commercialization
By the 1990s, building and launching satellites was no longer exclusively a government domain and as country-specific telecommunications systems were privatized, several private satellite operators arose to meet the growing demand. In the U.S., satellite operators such as PanAmSat, Orion Communications, Columbia Communications, Iridium, Globalstar, TRW and others formed under the umbrella of the Alliance for Competitive International Satellite Services to press for an end to the exclusively-intergovernmental organizations operating communication satellites and the monopoly position of COMSAT the U.S. signatory to Intelsat and Inmarsat. In March 2001, the U.S. Congress passed the Open-market Reorganization for the Betterment of International Telecommunications Act to privatize COMSAT. In April 1998, to address U.S. government concerns about market power, Intelsat's senior management spun off five of its older satellites to a private Dutch entity, New Skies Satellites, which became a direct competitor to Intelsat.Privatization
On 18 July 2001, Intelsat became a private company, 37 years after formation. Prior to Intelsat's privatization in 2001, ownership and investment in Intelsat was distributed among Intelsat members according to their use of services. Investment shares determined each member's percentage of the total contribution needed to finance capital expenditures. The organization's primary source of revenue was satellite usage fees which, after deduction of operating costs, was redistributed to Intelsat members in proportion to their shares as repayment of capital and compensation for use of capital. Satellite services were available to any organization, and all users paid the same rates.Intelsat Americas-7 experienced a several-day power failure on 29 November 2004. The satellite returned to service with reduced capacity.
File:Intelsat headquarters.JPG|thumb|The former Intelsat administrative headquarters in Washington, D.C.
Intelsat was sold for US$3.1 billion in January 2005 to four private equity firms: Madison Dearborn Partners, Apax Partners, Permira and Apollo Global Management. The company acquired PanAmSat on 3 July 2006, and was then the world's largest provider of fixed satellite services, operating a fleet of 52 satellites in prime orbital locations.
In June 2007, BC Partners announced they had acquired 76% of Intelsat for about €3.75 billion.
Intelsat S.A. (Luxembourg)
In April 2013, the renamed Intelsat S.A. undertook an initial public offering on the New York Stock Exchange, raising a net US$550 million, of which US$492 million was paid immediately to reduce outstanding company debts of US$15.9 billion. In May 2013, the company announced it would be purchasing four new high-performance Boeing EpicNG 702 MP satellites.In 2015, Intelsat reincorporated in Delaware and became Intelsat Corporation.
There were negotiations in 2017 that Intelsat could potentially merge with Softbank-backed OneWeb. However, on 1 June 2017, it was announced that the bondholders would not accept the offer and that the potential merger would be terminated as of 2 June 2017.