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Intelsat posts USD 146 mln net loss in Q3, revenues up 7%

Friday 5 November 2021 | 17:10 CET | News
Satellite operator Intelsat reported a net loss of USD 145.7 million for the three months to September, compared to a net loss of USD 15.9 million in the year-earlier. The wider loss mainly resulted from an increase in direct costs and reorganisation charges. Sequentially there was a marginal improvement from the net loss of USD 152.3 million posted for the previous quarter.

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Categories: Broadcast & Satellite
Companies: Intelsat
Countries: World
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