Intelsat acquires PanAmSat
Intelsat has announced that it has completed its acquisition of PanAmSat for approximately $6.4 billion, creating the world’s largest commercial fixed satellite services provider.
Intelsat acquired all of the outstanding common shares of PanAmSat for approximately $3.2 billion, the remaining cost covering PanAmSat’s outstanding debt. PanAmSat is now a wholly-owned subsidiary of Intelsat.
The new company has a combined fleet of 51 satellites and a terrestrial infrastructure including eight owned teleports, fibre connectivity and over 50 points of presence in almost 40 cities.
Intelsat intends to run the new company as a single operation and says it expects to fully integrate PanAmSat’s assets and operations.
Register now to continue reading
Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.
Benefits of registering
-
In-depth insights and coverage of key emerging trends
-
Unrestricted access to special reports throughout the year
-
Daily technology news delivered straight to your inbox
Radio wave weapon knocks out drone swarms
Probably. A radio-controlled drone cannot be completely shielded to RF, else you´d lose the ability to control it. The fibre optical cable removes...