Verizon forecasts ‘approximately zero’ 2022 revenue growth
With rising interest rates and slower growth, Verizon (NYSE: VZ) anticipates a challenging 2022, even as its fixed wireless access ...
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AT&T will pay off an additional $12.5B in debt
The April 8 closing of the sale of WarnerMedia to Discovery to create Warner Bros. Discovery (NASDAQ: WBD) leaves AT&T ...
Satellite operators strive for resilience as coronavirus thunders on
Major satellite players are seeking flexibility amid the ongoing coronavirus, such as revising revenue forecasts, delaying the construction of spacecraft ...
SES launches €500m bond to lower debt and follow satellite operator refinancing trend
SES seeks to refinance a portion of its existing debt as part of a €500m (US$615.9m) bond offering of senior unsecured ...
Orbcomm gets in shape for longer-term buys after boosting revolver to offset another impairment charge
US satellite operator Orbcomm has secured a US$25m revolver as the M2M specialist looks to preserve financial flexibility following a string of ...
Intelsat wants another round of refinancing with extension on portion of loan
Intelsat is seeking to extend the maturity on a tranche of its US$3.1bn senior secured term loan by five years ...
Intelsat back to debt refinancing table with loan extension plans
Satellite fleet operator Intelsat said subsidiary Intelsat Jackson Holdings is seeking to extend the maturity on a portion of the US$3.1bn senior secured ...
ViaSat prices upsized US$700m bond for refi after hailing segment momentum
US satellite operator ViaSat has priced an upsized US$700m bond due 2025 to refinance existing notes at par soon after posting record ...
Discovery Communications gets new loan, boosts revolver to fund Scripps buy
US media company Discovery Communications has secured a new loan and is boosting its revolver so that it can fund ...
Discovery Communications buys Scripps Networks in US$14.6bn deal to take on OTT
As media and entertainment moves to a direct-to-consumer focus, US-based Discovery Communications has acquired Scripps Networks Interactive in a cash-and-stock transaction worth ...
