Intelsat Releases Financial Report/Future Plans

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Intelsat reported its Fourth Quarter and Full Year 2011 Results earlier this month.

Intelsat CEO Dave McGlade said, "Intelsat delivered steady performance in 2011, led by our government and media businesses, which produced full-year growth of seven percent and four percent, respectively, on applications including aeronautical and maritime broadband and direct-to-home (DTH) television."

He acknowledged problems with the Intelsat New Dawn satellite limited revenue growth in Intelsat's network services division. The report notes that the New Dawn joint venture received all of the $118.0 million insurance recoveries sought under a partial loss claim filed with insurers.

Intelsat is planning to launch Intelsat 22 later this month. Intelsat 19 is expected to be launched in the second quarter of this year.

"In 2012 we will take major steps in bringing new and refreshed capacity to our network, including the planned launches of five satellites that are targeted to support higher-demand applications in growing regions," McGlade said.


Doug Lung
Doug Lung
Contributor

Doug Lung is one of America's foremost authorities on broadcast RF technology. As vice president of Broadcast Technology for NBCUniversal Local, H. Douglas Lung leads NBC and Telemundo-owned stations’ RF and transmission affairs, including microwave, radars, satellite uplinks, and FCC technical filings. Beginning his career in 1976 at KSCI in Los Angeles, Lung has nearly 50 years of experience in broadcast television engineering. Beginning in 1985, he led the engineering department for what was to become the Telemundo network and station group, assisting in the design, construction and installation of the company’s broadcast and cable facilities. Other projects include work on the launch of Hawaii’s first UHF TV station, the rollout and testing of the ATSC mobile-handheld standard, and software development related to the incentive auction TV spectrum repack. A longtime columnist for TV Technology, Doug is also a regular contributor to IEEE Broadcast Technology. He is the recipient of the 2023 NAB Television Engineering Award. He also received a Tech Leadership Award from TV Tech publisher Future plc in 2021 and is a member of the IEEE Broadcast Technology Society and the Society of Broadcast Engineers.