Intelsat is banking on its Epic Ku-band HTS satellites to open new markets with lower per-megahertz prices. But it's taking longer than expected for the new demand to compensate for revenue declines in its ongoing business. Credit: Intelsat
PARIS — Satellite fleet operator Intelsat on June 16 trimmed its revenue and EBITDA forecast for 2017 and reduced is planned capex following slower-than-expected sales of its Epic Ku-band high-throughput-satellite (HTS) capacity.
The downward revenue forecast was small. Adjusted EBITDA for 2017 was reduced by . . .
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