Global Satellite

Satellite operator, Intelsat, files for bankruptcy, seeks to restructure

Satellite operator, Intelsat, files for bankruptcy, seeks to restructure

Global satellite operator Intelsat filed for bankruptcy protection on Thursday, citing disruption from to its business from the virus pandemic, in a move aimed at restructuring its operations. The filing in the United States (US) bankruptcy court in Virginia listed more than $16 billion in debt. The company said in a statement it was “managing […]