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4-Traders Homepage  >  Equities  >  Nyse  >  Intelsat SA    I   LU0914713705

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Intelsat : Provides Satellite Services to Brazils Mareste to Deliver Communications for Smaller Maritime Vessels in South America

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08/17/2017 | 10:30am CEST

Intelsat S.A. , operator of the worlds first Globalized Network and leader in integrated satellite communications, announced that Brazils Mareste Equipamentos e Servios de Telecomunicao Ltda. will use Intelsat satellite services to deliver communications solutions for maritime customers.

Under a new, multi-year agreement, Mareste, a privately held company based in Rio de Janeiro, will offer Ku-band communications services delivered by the Galaxy 28 satellite for the leisure, fishing and coastal sectors in Brazil, Peru, Argentina, Chile and Uruguay. Mareste will package the satellite services with its Ello product, which includes antennas and hardware, to provide a cost-effective satellite communication system designed to serve smaller coastal and regional vessels, where physical space for onboard equipment and budgets can be scarce or limited.

With access to Intelsats satellite fleet and services, Mareste will be able to rapidly grow into a market that has traditionally been underserved, said Mrcio Esteves, Marestes President. These leisure, fishing and coastal sectors traditionally have been forced to settle for low-speed, expensive connections. With faster, more affordable broadband connectivity, Ello will solve the communications challenges for these customers, delivering a cost-effective satellite system that can be easily and rapidly deployed on smaller vessels.

Satellites are delivering next generation broadband services to the maritime sector. Intelsat is focused on simplifying the process of acquiring the services and integrating them into existing operations, said Carmen Gonzlez-Sanfeliu, Intelsats Managing Director, Latin America & Caribbean, Sales. Intelsat makes it easier to access connectivity from across the Intelsat fleet, including the Intelsat EpicNG platform and IntelsatOne Flex for Maritime service. For network operators and service providers, Intelsat delivers accelerated time to market, ensured availability and secure delivery of bandwidth.

(c) 2017 | NMH Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 2 160 M
EBIT 2017 919 M
Net income 2017 -101 M
Debt 2017 13 514 M
Yield 2017 0,10%
P/E ratio 2017 -
P/E ratio 2018 167,38
EV / Sales 2017 6,47x
EV / Sales 2018 6,30x
Capitalization 460 M
Duration : Period :
Intelsat SA Technical Analysis Chart | I | LU0914713705 | 4-Traders
Technical analysis trends INTELSAT SA
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 9
Average target price 3,54 $
Spread / Average Target -9,2%
EPS Revisions
Stephen Spengler Chief Executive Officer & Director
David P. McGlade Executive Chairman
Michael J. DeMarco Senior Vice President-Operations
Jacques D. Kerrest Chief Financial Officer & Executive Vice President
Justin Miles Bateman Director
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