Current Operation
Intelsat was sold for U.S. $3.1bn in January 2005 to four private equity firms: Madison Dearborn Partners, Apax Partners, Permira and Apollo Global Management. The company acquired PanAmSat on July 3, 2006, and is now the world's largest provider of fixed satellite services, operating a fleet of 52 satellites in prime orbital locations. In June 2007 BC Partners announced they had acquired 76 percent of Intelsat for about 3.75 billion euros. Intelsat maintains its corporate headquarters in Luxembourg, with a majority of staff and satellite functions — administrative headquarters — located at the Intelsat Corporation offices in Washington, DC. A highly international business, Intelsat sources the majority of its revenue from non-U.S. located customers. The biggest teleport is the Teleport Fuchsstadt in Germany.
Spacecraft operations are controlled through ground stations in Clarksburg, Maryland (USA), Hagerstown, Maryland (USA), Riverside, California (USA), and Fuchsstadt, Germany.
Intelsat was operating Intelsat Americas-7 (known formerly as Telstar 7 and now known as Galaxy 27) which experienced a several-day power failure on November 29, 2004. The satellite returned to service with reduced capacity.
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