LONDON — Satellite fleet operator Intelsat on July 27 said it is proceeding with a 10% annual increase in satellite capacity between 2017 and 2019 despite debt-service obligations that consume 40% of its gross revenue.
The company also swatted away concerns that its decision not to deploy Ka-band spot-beam capacity will leave it short of supply given the huge demand for aeronautical connectivity.
In a conference call with investors, Intelsat Chief Executive Stephen Spengler said the Ku-band high-throughput-satellites (HTS) being fielded by Intelsat and . . .
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