Satellite service provider Intelsat is filing for a $1.75B IPO under the symbol I. Intelsat,...
Satellite service provider Intelsat is filing for a $1.75B IPO under the symbol I. Intelsat, which owns a fleet of 50 satellites, boasts it has a 35% share of global satellite telecom service capacity, a 22% share of satellite TV service capacity, and a 26% of share of U.S. government satellite use. In Q1, Intelsat posted revenue of $644.2M (up slightly Y/Y) and a net loss of $25.1M. Free cash flow was -$139M. (S-1)
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