Intelsat Reports Fourth Quarter and Full Year 2007 Results

Intelsat, Ltd., the world’s leading provider of fixed satellite services, today reported results for the three month period and fiscal year ended December 31, 2007.

Intelsat, Ltd. reported revenue of $575.5 million and a net loss of $2.6 million for the three months ended December 31, 2007. The company also reported Intelsat, Ltd. EBITDA , or earnings before interest, taxes and depreciation and amortization, for Intelsat Bermuda of $439.3 million, or of $419.0 million, and Adjusted EBITDA 76 percent of revenue, for the three months ended December 31, 2007.

For the full year ended December 31, 2007, Intelsat, Ltd. reported revenue of $2,183.1 million and a net loss of $191.9 million. The company also reported Intelsat, Ltd. EBITDA of $1,599.9 million, and Adjusted EBITDA for Intelsat Bermuda of $1,678.1 million, or 77 percent of revenue, for the full year period.

Intelsat CEO Dave McGlade commented, “In 2007, Intelsat demonstrated the ability to deliver revenue growth, improved operating profit margins and positive free cash flow from operations even as we made significant investments in our fleet. Our fourth quarter results provided a strong finish to a good year, with revenue growth in excess of seven percent over the prior year quarter after excluding our legacy channel service offering.

“We believe Intelsat is well positioned as an infrastructure provider of choice in each
of the customer sets and regions served by our global network. Applying our ‘plan
global, act local’ business philosophy, our capacity is powering economic growth at
every phase of development,” McGlade continued. “From enabling wireless
network expansions in developing regions, to delivering television programming as
consumer applications develop, our business model provides us with visibility and
predictability as we grow. This is reflected in our backlog of future revenues, which
increased at year end to $8.2 billion.”