Intelsat reports 2005 revenue of $1.17B, net loss of $325M
Intelsat, Ltd. on April 18 reported revenue of $1.171 billion and a net loss of $325.3 million for 2005, and said that finalizing the acquisition of PanAmSat is its "top priority" for 2006. Two more U.S. regulatory approvals are needed for the $3.2 billion merger to go through, from the Federal...
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