Advanced Television

Credit Suisse

Bank: SES/Intelsat merger worthwhile?

Equity analysts at Credit Suisse have asked a key question in a fresh report and pondering whether a merger between the world’s two biggest satellites operators, SES and Intelsat, both based in Luxembourg, would pan out. Their answer is a simple: you bet it would. The bank’s report (European Satellite: Scaling Up) suggests that there […]

June 28, 2022

Intelsat wins access to $1bn

Intelsat is in Chapter 11 bankruptcy and is restructuring itself. On June 9th, it gained bankruptcy court approval to access a $1 billion loan under ‘debtor in possession’ rules and post-petition financing. Judge Keith Phillips granted Intelsat immediate access to $500 million (out of the $1 billion) in order to keep its day-to-day operations going […]

June 10, 2020By Chris Forrester