spacetoday.net: space news from around the webin association with SpaceNews


Intelsat files for IPO
Posted: Tue, May 22, 2012, 6:17 AM ET (1017 GMT)
Satellite operator Intelsat has filed for an initial public offering of stock, seeking to raise $1.75 billion. The company filed to be listed on the New York Stock Exchange under the ticker symbol "I", with Goldman Sachs managing the IPO. Intelsat operates 50 communications satellites in geosynchronous orbit. The company has stable revenues in recent years at just over $2.5 billion per year, with a loss of $400 million in its most recent fiscal year. No specific date for the offering was announced.
<<previous article   next article>>
news in brief
news links
Thursday, August 25
Ariane 5’s fourth launch this year
ESA — 6:33 am ET (1033 GMT)
Proxima b: 7 big questions about the new planet next door
New Scientist — 6:29 am ET (1029 GMT)
China Hot Tests Motor For Lunar Missions
Aviation Week — 6:22 am ET (1022 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list