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Intelsat Bumps Up 2007 Spending To Cover Satellite Construction, Launch

Submit on Monday, April 2nd, 2007 11:00

Intelsat Ltd. will increase its capital expenditures in 2007 to cover accelerated construction and launch plans to meet demand for transponder capacity around the globe, Intelsat COO Jim Frownfelter said during a March 30 telephone conference to discuss the company’s 2006 financial performance. Intelsat had…

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