Satnews Daily
November 10th, 2009

Intelsat, Ltd... Financially Speaking...


Intelsat logo Intelsat, Ltd. has reported results for the three months and nine monthsi ended September 30, 2009. The Company reported revenue of US$617.9 million and a net loss of US$94.3 million for the three months ended September 30, 2009.

The company also reported Intelsat, Ltd. EBITDAii, or earnings before net interest, loss on early extinguishment of debt, taxes and depreciation and amortization, of US$439.8 million, and New Bermuda Adjusted EBITDAii of US$490.9 million, or 79 percent of revenue, for the three months ended September 30, 2009. Intelsat, Ltd. reported revenue of US$1.9 billion and a net loss of US$684.7 million for the nine months ended September 30, 2009. The net loss reflects non-cash charges of US$499.1 million incurred in the first quarter of 2009 for orbital location impairments. The company also reported Intelsat, Ltd. EBITDA ii of US$937.9 million and New Bermuda Adjusted EBITDAii of US$1.5 billion, or 79 percent of revenue, for the nine months ended September 30, 2009. To read the entire financial report, access this direct link.