Connectivity Business speaks with Intelsat CEO Steve Spengler about how the fleet operator’s financial restructuring will position it for growth as satellite and terrestrial ecosystems converge.
As well as substantially reducing its near-US$15bn debt mountain to invest in innovation and growth, the restructuring paves the way for an accelerated release of certain C-band frequencies for 5G. Intelsat is carrying out business as usual throughout the process, albeit against the backdrop of an economy-hurting global pandemic. Today, the company launched a new managed service for cellular backhaul, where demand has been surging as COVID-19 accelerates the need for more connectivity in more places...
