What does INTELSAT mean in International Business?

Intelsat

Intelsat S.A. (formerly INTEL-SAT, INTELSAT, Intelsat) is a multinational satellite services provider with corporate headquarters in Luxembourg and administrative headquarters in Tysons Corner, Virginia, United States. Originally formed as International Telecommunications Satellite Organization (ITSO, or INTELSAT), from 1964 to 2001, it was an intergovernmental consortium owning and managing a constellation of communications satellites providing international telecommunications and broadcast services. As of June 2022, Intelsat operated a fleet of 52 communications satellites which was then one of the world's largest fleets. In 2020, the company announced plans to procure, build and launch seven C-band satellites over the next several years. These C-band satellites will contribute to the acceleration of America's 5G buildout. In early 2022, the company announced contracts for four GEO software defined satellites (SDS), two in partnership with Airbus and two in partnership with Thales Alenia Space, that are scheduled to launch in 2023. These contracts point to the pursuit of a multi-year network transformation plan with investments designed to deliver higher speeds, more flexibility, redundancy, and backwards compatibility. As of 2022, the company served approximately 1,800 customers and employed a staff of approximately 1,790 people.

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