Feeds

IntelSat up for grabs

Largest satellite operator gets $6bn offer

Beginner's guide to SSL certificates

IntelSat is looking for a new owner after receiving an offer of $6bn from private equity firm the Blackstone Group, according to the New York Times.

The world's largest commercial satellite operator has, reportedly, hired Credit Suisse to search for potential suitors.

A consortium of private equity companies paid $3.1bn for the company in 2004, so not a bad return on investment, though in 2006 IntelSat purchased PanAmSat for $3.2bn. IntelSat lost $369m in 2006, on revenue of $1.66bn, according to filings. It also has $11bn in long-term debt.

IntelSat was set up by a consortium of governments in 1964, but has only been a private company since 2001. Satellite communications is a big-money industry, and though these amounts seem high the demand for bandwidth never seems to decrease. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.