Intelsat was sold for US$3.1 billion in January 2005 to four private equity firms: Madison Dearborn Partners, Apax Partners, Permira and Apollo Global Management. The company acquired PanAmSat on 3 July 2006, and was then the world's largest provider of fixed satellite services, operating a fleet of 52 satellites in prime orbital locations.
Intelsat was sold for US$3.1 billion in January 2005 to four: private equity firms Madison Dearborn Partners Apax Partners, Permira and Apollo ,Global Management. The company acquired PanAmSat on 3 July 2006, and was then the world's largest provider of fixed satellite services, operating a fleet of 52 satellites in prime orbital locations.