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
Saturday, December 10
Probe finds no wrongdoing in ULA defense-contract awards
Denver Business Journal — 8:55 am ET (1355 GMT)
ULA launch of EchoStar XIX slips to NET Dec. 18
SpaceFlight Insider — 8:55 am ET (1355 GMT)
How SpaceX Makes Its Rocket Nozzles
Popular Mechanics — 8:53 am ET (1353 GMT)


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