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Who is Intelsat?

November 14, 2002|by JULIE E. GREENE

Intelsat Global Service Corp. is creating ground telecommunications centers, including possibly at Friendship Technology Park, so it no longer has to use other companies' ground support systems, spokeswoman Allison Scuriatti said Tuesday.

Intelsat Global Service's parent company, Intelsat Limited, was privatized in July 2001, allowing company officials to decide to build their own ground support network, Scuriatti said.

The company has its origins in INTELSAT, a cooperative intergovernmental organization created decades ago because companies and governments thought it too risky to try building a satellite network alone, Scuriatti said.

INTELSAT is an acronym for International Telecommunications Satellite Organization.

As INTELSAT, the organization was owned by many of its customers such as British Telecommunications and COMSAT, Scuriatti said. COMSAT was bought by Lockheed Martin.

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Intelsat Limited continues to serve a large number of the private shareholders that own it, Scuriatti said.

As an international organization, INTELSAT was not allowed to have its own teleports, Scuriatti said. Now company officials want to build ground telecommunications centers or teleports strategically around the world so it can provide broader services to its customers, she said.

Intelsat Limited had more than $1 billion in telecommunications revenues in 2001 and its total assets were worth approximately $3.5 billion, Scuriatti said.

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