The UK-based private equity firm BC Partners has purchased 76 percent of Intelsat, Ltd., the world’s largest commercial satellite operator, for $5.03 billion US dollars.
BC Partners, which has its business focus in Europe, will also take on Intelsat’s debt load of $11 billion and a further $3.9 billion US dollars in debt. The firm […]
Written by Jim Taylor on June 22nd, 2007 with no comments.
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According to media reports and a source close to the deal, EchoStar Communications Corp. along with Liberty Media are reportedly bidding for Intelsat, the largest satellite operator in the world.
After it’s merger with PanAmSat last year, Intelsat currently has a fleet of 51 satellites in operation. It was reported in April that a consortium of […]
Written by Jim Taylor on June 20th, 2007 with no comments.
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