Intelsat - Investor Relations
What is the company's primary business?
Intelsat S.A. operates the world’s largest satellite services business, providing a critical layer in the global communications infrastructure. We provide diversified communications services to the world’s leading media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications, multinational corporations and Internet service providers (“ISPs”). We are also the leading provider of commercial satellite capacity to the U.S. government and other select military organizations and their contractors.
Who are your customers? What do you do for them?
Intelsat serves three primary customer sets: network services providers, media companies and governments. Our customers need to deliver voice, video and data transmissions to their customers, and we help them do that with services provided through our fleet of communications satellites and our IntelsatOneSM terrestrial network.
What is the company's operating strategy?
Intelsat's strategy is to seek revenue growth and increased cash flows by expanding our leading infrastructure business in high growth regions and applications while maintaining our focus on operational discipline. Given our efficient operating structure, we believe our strategies will position us to continue to deliver high operating margins and to generate strong cash flow and growth as our current fleet investment program is completed. The key components of our strategy include the following:
- Focus our core business on attractive and growing broadband, mobility and media applications, and innovative government solutions;
- Optimize our space-based assets, including orbital locations and spacecraft;
- Incorporate new technology into our core network to capture growth from new applications and evolving customer requirements;
- Drive innovation through creative acquisitions and new business models; and
- Apply our increasing cash flows to de-lever the business, improving our maturity profile and generating increased equity value
What drives Intelsat’s success?
We are an acknowledged leader in our industry, providing a critical layer in the global communications infrastructure. We have exceptional assets in our flexible, complex network, including a fleet of satellites, an unsurpassed collection of orbital rights, and IntelsatOneSM, our ground infrastructure that incorporates teleports, points of presence (PoPs) and a fiber network. We serve three primary customer sets: network services providers, media companies and governments. Our customers use our satellite-based communications network to provide voice, video and data services to their end users. Demand for these services is increasing, largely due to the following trends:
- Globalization of economic activities is increasing the geographic expansion of corporations and the communications networks that support them while creating new audiences for content;
- Connectivity and broadband access are essential elements of infrastructure supporting the rapid economic growth of developing nations;
- The emergence of new content consumers resulting from economic growth in developing regions results in increased demand for free-to-air and pay-TV content, including cable and direct-to-home (“DTH”);
- Proliferation of formats results in increased bandwidth requirements as content owners seek to maximize distribution to multiple viewing audiences across multiple technologies;
- Mobility applications, such as wireless phone services, maritime communications and aeronautical services, are fueling demand for mobile bandwidth; and
- Increased government applications, such as the increased use of fixed and mobile technology in regions of conflict, are fueling demand for satellite capacity.
When was the company founded?
We are the successor entity to the International Telecommunications Satellite Organization, formerly known as INTELSAT, which was created on an interim basis by its initial member states in 1964. INTELSAT was formally established as an inter-governmental organization in 1973 upon entry into force of an inter-governmental agreement. On 18 July 2001, INTELSAT privatized by transferring substantially all of its assets and liabilities to a new company established for this purpose, Intelsat, Ltd., and its subsidiaries. On 4 February 2008, Intelsat, Ltd. announced the successful closing of the acquisition of all the primary equity ownership of its parent, Intelsat Holdings, Ltd. by Serafina Holdings, Limited, an entity formed by funds advised by BC Partners, Silver Lake and certain other equity investors. On 15 December 2009, Intelsat, Ltd. changed its domicile to Luxembourg.
In what country is Intelsat domiciled?
Intelsat S.A. is organized in Luxembourg. Intelsat Global Sales & Marketing Ltd. is our global sales and marketing headquarters and is organized under the laws of England and Wales. Intelsat Global Service LLC, and Intelsat Corporation, Delaware companies, provide technical, marketing and business support services to Intelsat and its subsidiaries.