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 Link to Intelsat.com


Link to Facebook


 All Former Employees of Intelsat 

 
The IRAA meets annually each October for its General Assembly. It also holds an early Summer picnic jointly with COMARA (Comsat Alumni & Retirees Assoc.) and Intelsat staff between MAY-JUN; late Summer Social between AUG-SEP; Winter Social between JAN-FEB, as well as an occasional Golf Outing between AUG-SEP.

All events provide a great opportunity for old friends & former colleagues to gather for memorable occasions of fellowship and camaraderie.


If you are not yet a member of the IRAA and would like to join, please CLICK here.

 

Is Intelsat's Free Cash Flow About to Dry Up?
Posted: 18 March 2019

Rich Smith (TMFDitty)
Mar 18, 2019 at 9:55AM

As both capex and cash flow fall, it's starting to look like a race to the bottom.

So it's been three weeks now since Intelsat (NYSE:I) reported Q4 2018 earnings, and after enjoying a brief post-earnings bump in share price, the company's stock has sunk steadily ever since. In fact, by the close of trading Thursday Intelsat stock was down a whopping 28% from its earnings day share price.

Why?

Reviewing Intelsat's Q4 report

Well, there were rumors that the U.S. Congress might try to nationalize some of the proceeds from its sale of spectrum rights to 5G wireless broadband providers for one thing. That risk could certainly be weighing on the stock. But for the time being, those are only rumors -- and until Congress takes affirmative action to prevent Intelsat from profiting from the spectrum it holds, I'm hesitant to give them much weight.

Click HERE for further details from The Motley Fool.

Shares closed down today $1.15 at $16.02/share

 

Welcome New Members
Posted: 14 March 2019

We are pleased to Welcome the following new members to the Intelsat Retirees and Alumni Association:

February 2019

Marcia Brayboy, Paul Deshong, Terry Lowe

 

Intelsat Stock Upgraded: What You Need to Know
Posted: 7 March 2019

Rich Smith (TMFDitty)
Mar 6, 2019 at 3:01PM

Shares have sold off -- maybe enough to make them worth buying.

What happened

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

Since hitting a high north of $37 in October, ,Intelsat shares have shed more than half their value, falling to a recent patriotic (but disappointing) price of just $17.76. The stock's especially suffered this week, losing 24% between close of trading Friday and close of trading Tuesday, hurt by worries about congressional interference in its plans to sell spectrum to telecommunications companies.

But then this morning, a miracle happened: Intelsat got upgraded.

Click HERE for further details from The Motley Fool.

Shares closed down today at $18.17/share

 

Why Intelsat Stock Dropped 16% Today
Posted: 5 March 2019

Rich Smith (TMFDitty)
Mar 5, 2019 at 6:33PM

Thanks largely to Congress, you can now buy a share of Intelsat for just $17.76.

What happened

Intelsat (NYSE: I) stock is plunging to earth.

After losing nearly 10% of its market capitalization yesterday, Intelsat stock dropped a further 15.9% on Tuesday to close at the patriotically disheartening share price of $17.76.The reason(s) appear to be three: First and foremost, Politico just reported that President Trump is downplaying support for a plan that would see the federal government essentially nationalize the provision of 5G wireless services in the United States -- which sounds like good news for private telecom businesses like Intelsat, but actually means there's a plan floating around out there for the government to nationalize 5G!

So what

That fact alone probably would have sufficed to put the fear of Uncle Sam into Intelsat investors, but there's more. Several influential lawmakers in Congress, reports The Fly.com, have "fired warning shots" threatening to kill an FCC plan that would permit Intelsat, and other satellite communications companies, to sell access to 200 megahertz of C-band spectrum to wireless carriers -- advancing the cause of 5G in America, while at the same time giving Intelsat a nice infusion of cash.

Click HERE for further details from The Motley Fool.

Shares closed down today at $17.76/share

 

Why Intelsat Stock Popped Today
Posted: 20 February 2019

Rich Smith (TMFDitty)
Feb 20 2019 at 5:55PM

What happened

Shares of communication satellite operator Intelsat (NYSE:I) popped more than 13% in early Wednesday trading before settling down to a roughly 11% gain at the end of the trading day.

Intelsat reported mixed fiscal fourth-quarter and full-year 2018 earnings this morning. On the one hand, the company missed earnings estimates rather badly. Analysts had expected a loss of $0.26 per share for the quarter; Intelsat reported a loss of $0.81 per diluted share, and $0.91 per share pro forma. Sales, on the other hand, came in ever so slightly ahead of expectations -- $542.8 million instead of the $542 million in revenue that analysts had predicted.

So what

Intelsat's Q4 sales grew less than 1% year over year, while its GAAP loss increased 8% year over year.

For the full year, sales grew barely 0.5% (rising from $2.15 billion to $2.16 billion), while losses more than tripled -- from $1.50 per share lost in 2017 to $4.63 per share lost in 2018.

On the plus side, Intelsat's past promises to rein in capital spending bore fruit on the company's balance sheet. Despite generating $120 million less cash flow last year than it had in 2017, Intelsat succeeded in cutting capital spending by nearly $206 million. As a result, the company's free cash flow (operating cash flow minus capex) ballooned from barely breakeven a year ago to a respectable $88.5 million generated in 2018.

Click HERE for further details from The Motley Fool.

Shares closed down today at $24.06/share

 

Intelsat Announces Fourth and Full-Year 2018 Results
Posted: 20 February 2019

  • Fourth quarter revenue of $543 million; or $515 million excluding effects of revenue recognition rules (ASC 606)

  • Full-year 2018 revenue of $2,161 million; or $2,058 million excluding effects of ASC 606

  • Fourth quarter net loss attributable to Intelsat S.A. of $111 million;

  • 2018 full-year net loss attributable to Intelsat S.A. of $600 million;

  • Fourth quarter Adjusted EBITDA of $418 million or 77 percent of revenue; $392 million or 76 percent of revenue excluding effects of ASC 606

  • Full-year 2018 Adjusted EBITDA of $1,668 million or 77 percent of revenue; $1,565 million or 76 percent of revenue excluding effects of ASC 606

  • $8.1 billion contracted backlog, inclusive of $1.1 billion in effects of ASC 606, providing visibility for future revenue and cash flow

  • Intelsat issues 2019 Guidance inclusive of effects of ASC 606 Luxembourg, 20 February 2019

Intelsat S.A. (NYSE: I), operator of the world’s first Globalized Network and leader in integrated satellite solutions, today announced financial results for the three months and full-year ended December 31, 2018.

Intelsat reported total revenue of $542.8 million and net loss attributable to Intelsat S.A. of $111.3 million for the three months ended December 31, 2018. 

For the year ended December 31, 2018, Intelsat reported total revenue of $2,161.2 million and net loss attributable to Intelsat S.A. of $599.6 million
.

Click HERE for further details from Intelsat.


Welcome New Members
Posted: 12 February 2019

We are pleased to Welcome the following new members to the Intelsat Retirees and Alumni Association:

February 2019

Clarisse Davis,
Claudio Spencer


Implied Volatility Surging for Intelsat (I) Stock Options
Posted: 28 January 2019

Investors in Intelsat S.A. (I - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2019 $16 Put had some of the highest implied volatility of all equity options today.

What is Implied Volatility?

Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

Click HERE for further details from Zacks Equity Research

Shares closed down today at $22.79/share


Why Intelsat's Stock Soared 531% Higher in 2018
Posted: 14 January 2019

The satellite communications expert lived to fight another day, and that was good enough for a massive bounce in its stock prices

Anders Bylund (TMFZahrim)
Jan 14 2019 at 2:45PM

What happened

Shares of Intelsat (NYSE:I) gained 531% in 2018, according to data from S&P Global Market Intelligence. The Luxembourg-based provider of satellite communications services has been fighting off its debt holders by selling more stock while waiting for approval of its crucial next-generation 5G networks.

So what

Last year's gains were more of a turnaround effort than an organic win. Intelsat is hoping to launch an innovative combination of satellite- and tower-based communications networks in the near future, but regulatory approvals have been few and far between. Meanwhile, the company is reporting negative earnings and cash flows. So when Intelsat started announcing a steady stream of new customer contracts in the spring of 2018, stock prices skyrocketed on every positive tidbit of news.

Click HERE for further details from The Motley Fool.

Shares closed down today at $23.50/share


Why Intelsat S.A. Stock Fell 14% in December
Posted: 8 January 2019

Intelsat stock saw a double-digit decline last month, but it closed out the year up more than 500%.

Keith Noonan (TMFNoons)
Jan 8 2019 at 3:39PM

What happened

Shares of Intelsat S.A. (NYSE:I) dipped 14% in December, according to data from S&P Global Market Intelligence. There wasn't any big company-specific news behind the decline, but sell-offs for the broader market still dragged on the otherwise high-flying satellite communications company. 

Click HERE for further details from The Motley Fool.

Shares closed down today at $23.34/share


Intelsat Joins GSMA to Spur Integration of Satellite and Terrestrial Solutions, Create Hybrid Networks, and Advances 5G Development
Posted: 8 January 2019

Stronger relationships with mobile operators, ubiquitous broadband services, and hybrid networks will meet fast-growing connectivity demands and fulfill promise of 5G

January 08, 2019 06:00 AM Easter Standard Time

LUXEMBOURG --(BUSINESS WIRE)--Intelsat S.A. (NYSE: I), operator of the world's first Globalized Network and leader in integrated satellite communications, announced that it has joined GSMA, the organization representing mobile operators worldwide, to further strengthen the integration of satellite and terrestrial technologies and advance 5G deployments.

Click HERE for further details from BusinessWire.


Welcome New Member
Posted: 8 January 2019

We are pleased to Welcome the following new member to the Intelsat Retirees and Alumni Association:
January 2019

David Meltzer


Happy New Year 2019!
Posted: 1 January 2019



ARCHIVE:
Prior Years 2018 and Before

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Archived News 2018

Archived News 2017

Archived News 2016

Archived News 2015

Archived News 2014

Archived News 2013

Archived News 2012

Archived News 2011

Intelsat Announces Quarterly Stock Dividend (Posted: December 11, 2014)
Intelsat Appoints Stephen Spengler as Deputy Chief Executive Office (Posted: December 11, 2014)
Lost Contact (Posted: December 6, 2014)
Welcome New Members (Posted: October 20, 2014)
Intelsat 30 Launched (Posted: October 17, 2014)
Welcome New Members (Posted: September 24, 2014)
IRAA Board of Directors Election 2014 (Posted: September 7, 2014)
Ask for Your Senior Discounts (Posted: September 7, 2014)
15th Annual Meeting and Social Gathering (Posted: September 1, 2014)
Intelsat at 50: One of Satellite's Most Enduring Stories (Posted: September 1, 2014)
Inside Intelsat's New Tysons Corner Headquarters (Posted: August 30, 2014)
Japan Intelsat Club (Posted: August 30, 2014)
Welcome and Goodbye (Posted: August 30, 2014)
Welcome New Members (Posted: July 29, 2014)
New Mailing Address (Posted: June 18, 2014)
IRAA Members: Don't Forget to Vote (Posted: August 18, 2014)
Intelsat Moves to Tysons (Posted: July 29, 2014)
EIEIO Gathering - Last One in DC (Posted: May 27, 2014)
Welcome New Members (Posted: May 19, 2014)
Welcome New Members (Posted: April 30, 2014)
Say Au Revoir to Intelsat Building (Posted: April 23, 2014)
IRAA Annual Dues for 2014-2015 (Posted: April 23, 2014)
Intelsat Celebrating It's 50th Anniversary (Posted: March 10, 2014)
Intelsat Upgraded to Outperform from Market Perform at Wells Fargo (Posted: February 6, 2014)
Two Social Events Planned (Posted: January 31, 2014)
Intelsat HDQTRS Nominated for Landmark Status (Posted: January 21, 2014)
Welcome New Members (Posted: January 17, 2014)
Welcome New MemberPosted: November 30, 2013)
Satellite Hall of Fame and Museum (Posted: October 24, 2013)
Welcome New Members (Posted: October 21, 2013)
New Bulletin Board Page (Posted: October 9, 2013)
 IRAA Annual Meeting & Social Reminder (Posted: September 30, 2013)
IRAA Website URL and EMail Address (Posted: September 20, 2013)
Joe Pelton Honored with International Award for Space Efforts (Posted: September 20, 2013)
Facebook News (Posted: September 20, 2013)
National Electronics Museum: New Exhibit (Posted: September 20, 2013)
IRAA Board Election Ballot August 2013 (Posted: August 7, 2013)
Request for Nominations to the IRAA Board (Posted: June 25, 2013)
The Future of Intelsat's Old Building and It's Future Home (Posted: June 16, 2013)
Welcome New Members (Posted: June 16, 2013)
Intelsat Fiscal Future Bright? (Posted: June 5, 2013)
Help Us Find These Members (Posted: April 20, 2013)
14th Annual Meeting of the General Assembly of the IRAA (Posted: April 20, 2013)
Intelsat IPO Listed on the NYSE (Posted: April 20, 2013)
New Intelsat Retirees, Alumni and Friends Facebook Page (Posted: April 20, 2013)
Welcome New Members (Posted: April 20, 2013)
IRAA Annual Dues for 2013-2014 (Posted: April 20, 2013)
Board of Director News (Posted: April 20, 2013)
Intelsat 27 Launch Failure (Posted: April 20, 2013)
Intelsat is Moving Headquarters from DC/Van Ness to Tysons Corner (Posted: April 20, 2013)
National Electronics Museum New Exhibit: Satellites Transform Our Lives (Posted: April 20, 2013)
4th Annual IRA/COMARA & Intelsat Summer Picnic (Posted: April 20, 2013)
13th Annual Meeting and Social Gathering - Epilogue (Posted: April 20, 2013)
Website Updates (Posted: April 20, 2013)
Intelsat 23 Proton Launch Successful (Posted: October 18, 2012)
2nd Update: 13th Annual Meeting of the IRA & Social Gathering (Posted: October 12, 2012)
Update: 13th Annual Meeting of the IRA & Social Gathering (Posted: October 9, 2012)
Welcome New Members (Posted: October 9, 2012)
Congressman Chris Van Hollen Will Join Us as our Featured Speaker
     at the 13th Annual Meeting (Posted: September 12, 2012)

13th Annual Meeting of the General Assembly and Social Gathering (Posted: August 30, 2012)
New Website Launched (Posted: August 30, 2012)
Intelsat 21 Launch Successful (Posted: August 20, 2012)
Intelsat 20 Launched Successfully in French Guiana (Posted: August 2, 2012)
Vote for 3 Directors to IRA Board (Posted: July 31, 2012)
Intelsat HQ Building Sold for $85 Million (Posted: July 28, 2012)
Welcome New Members (Posted: July 5, 2012)
Intelsat 19 Sea Launch Update (Posted: June 27, 2012)
Request for Nominations to the IRA Board (Posted: June 25, 2012)
Amendments to the By-Laws (Posted: June 22, 2012)
IRA Exploring Creation of Facebook Page (Posted: June 20, 2012)
Intelsat 19 Sea Launch Update (Posted: June15, 2012)
Intelsat Files for $1.75 Billion IPO (Posted: May 20, 2012)
Intelsat VI F-3 Recovery 20th Anniversary (Posted May 15, 2012)
Intelsat 19 Sea Launch Successful - (Posted: April 7, 2012)
Conny Kullman Elected to SES Board of Directors (Posted: April 7, 2012)
Intelsat 22 Proton Launch Successful (Posted: March 26, 2012)
Announcement: 3rd Annual IRA/COMARA Night at Strathmore - (Posted: November 16, 2011)
Brand Name Rx or Generic? - (Posted: February 6, 2012)
New Mailing Address (Posted:  September 20, 2011)
How It Went: 12th Annual Meeting of IRA & Social Gathering - Epilogue (Posted: November 16, 2011)
Board of Directors Election 2011 (Posted: September 20, 2011)
12th Annual Meeting of IRA & Social Gathering (Posted: September 20, 2011)
How It Was: 2nd Annual IRA/COMARA Summer Picnic - (Posted: August 1, 2011)
ISU Dr. Burton I. Edelson Memorial Lecture (Posted May 11, 2011)
Announcement - 2nd Annual IRA/COMARA Summer Picnic (Posted: May 8, 2011)
Satellite Exhibit at the National Electronic Museum (Posted: February 4, 2011)
Website Update (Posted: February 4, 2011)