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Intelsat's revenue decline eases to 5% in Q2

Friday 7 August 2020 | 19:41 CET | News
Satellite operator Intelsat generated revenues of USD 482 million in the three months to June, down 5 percent year-on-year compared to the 13 percent decline reported in the previous quarter. The media division saw the negative growth performance remain stable at 9 percent compared to Q1, as revenues fell to USD 203 million. The trend improved for Network Services (-5% from -27% in Q1), supported by new business secured in merchant maritime and enterprise network applications. As expected, the division's mobility segment continued to be affected by the disruption to maritime traffic and air

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Categories: Broadcast & Satellite
Companies: Intelsat
Countries: World
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