Intelsat Q3: “Stable and making progress”
Intelsat’s CEO Stephen Spengler, in announcing its Q3 results, said that since July 1st it had restructured $4.2 billions-worth of capital restructuring, and in the process improving its overall borrowings. Intelsat’s revenue picture is complicated by this year’s shift to the USA’s new revenue recognition rules (which translated from a reported $536.9 million to $511.9 […]