Loral agrees to sell satellites to Intelsat

Intelsat Ltd. won the right to purchase nearly half the satellite fleet of Loral Space and Communications in an auction, Loral officials announced Oct. 20 after the close of trading. Intelsat, which bid $1.1 billion to purchase the five satellites, was one of only two bidders, Loral officials said...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.