Intelsat's revenue decline continues in Q4, FY adjusted EBITDA down 14%

Wednesday 31 March 2021 | 10:24 CET | News
Satellite operator Intelsat generated fourth-quarter revenues of USD 482.8 million, down 7 percent year-on-year (-3% in Q3), as all its business lines reported a negative performance. The Network Services division saw the revenue decline accelerate to 9 percent (-6% in Q3), impacted by the ongoing health crisis in the maritime and aeronautical sectors. The negative trend eased at the Media division, with revenues down 5 percent (-9% in Q3) to USD 200.6 million. Similarly, Government suffered a contraction (-3%), after posting positive growth in the previous quarters.

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Categories: Broadcast & Satellite
Companies: Intelsat
Countries: World
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