Transponders on the Intelsat-Americas-7 satellite have been tested, are performing normally and are available to be put back into service.
Until the IA-7 investigation report is completed, Intelsat has temporarily delayed the launch of its IA-8 satellite. Given the current condition of IA-7, Zeus Holdings Limited, Intelsat’s prospective acquirer, would have the option not to consummate the acquisition of Intelsat if the loss is not remedied in accordance with the terms of the agreement with Zeus. Zeus has been advised of Intelsat’s decision to delay the launch of IA-8 and continues to evaluate the extent to which the IA-7 anomaly and the IA-8 launch delay could impact the pending acquisition.