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Intelsat sees further drop in 2020 results, to lobby FCC for new C band deal

Thursday 20 February 2020 | 13:50 CET | News
Intelsat reported fourth-quarter revenues down 5 percent year-on-year to USD 517 million, with declines across most parts of its business. Adjusted EBITDA fell to USD 371 million from USD 418 million a year ago, amid a rise in costs for new satellites, personnel and bad debt. The net loss widened slightly to USD 115 million for the quarter, while free cash flow was a positive USD 70 million. 

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Categories: Broadcast & Satellite
Companies: Intelsat
Countries: World
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