Intelsat, Ltd., the world’s leading provider of fixed satellite services, today reported results for the three and six month periods ended June 30, 2007. Results for the second quarter of 2007 reflect the impact of the July 3, 2006 acquisition of PanAmSat Holding Corporation, which was subsequently renamed Intelsat Holding Corporation.
Intelsat reported revenue of $543.2 million and a net loss of $31.7 million for the three months ended June 30, 2007. The company also reported Intelsat EBITDA, or earnings before interest, taxes and depreciation and amortization, of $410.9 million, and Adjusted EBITDA for Intelsat Bermuda of $421.7 million, or 78 percent of revenue, for the three months ended June 30, 2007.
For the six months ended June 30, 2007, Intelsat, Ltd. reported revenue of $1.1 billion and a net loss of $146.7 million. The company also reported Intelsat, Ltd. EBITDA of $776.4 million, and Adjusted EBITDA for Intelsat Bermuda of $811.9 million, or 76 percent of revenue, for the six months ended June 30, 2007.