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Intelsat to Get Much Bigger, but Not Yet Profitable
From:
The Washington Post
| Date:
July 3, 2006| Author:
Griff Witte - Washington Post Staff Writer
| Copyright 2006 The Washington Post. This material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post.Copyright information
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Intelsat Ltd. of Washington is to become the world's largest
commercial satellite operator today when it completes its purchase of
the firm that had been its toughest domestic competitor.
The deal to buy longtime rival PanAmSat Holding Corp. creates a
company that will carry about a quarter of the world's commercial
satellite-delivered television programming on a fleet of 51
satellites and can reach 99 percent of the world's populated areas
with communications services.
Intelsat...
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