Intelsat, Ltd. has reported results for the three-month period and combined year ended December 31, 2008.

Intelsat, Ltd. reported revenue of $608.8 million and a net loss of $524.2 million for the three months ended December 31, 2008. The net loss includes non-cash charges of $326.8 million for orbital location impairments and $186.6 million for a loss on undesignated interest rate swaps. The company also reported Intelsat, Ltd. EBITDAii, or earnings before interest, taxes and depreciation and amortization, of a loss of $71.1 million. New Bermuda Adjusted EBITDAii was $459.5 million, or 75 percent of revenue, for the three months ended December 31, 2008. Intelsat, Ltd. reported revenue of $2,364.9 million and a net loss of $1,198.2 million for the combined year ended December 31, 2008. The net loss includes $315.0 million of restructuring and transaction costs associated with the New Sponsors Acquisition (as defined below) in February 2008 and non-cash charges of $390.4 million for asset impairments and $166.7 million for losses on undesignated interest rate swaps. Intelsat, Ltd. EBITDA was $916.8 million and New Bermuda Adjusted EBITDA was $1,855.1 million, or 78 percent of revenue, for the combined year ended December 31, 2008. Access this direct link for the Company's financial site.