Television
Report on Shemaroo

Intelsat gets new executive team on board post PanAmSat acquisition

MUMBAI: Post the acquisition of PanAmSat Holding Corporation, Intelsat, Ltd has brought on a new executive team.

At the time that the acquisition was announced, in August 2005, the companies stated that Intelsat CEO David McGlade would be the CEO of the company, and that PanAmSat CEO Joe Wright would be chairman of Intelsat’s board, after the transaction closes.

McGlade said today that he intends to appoint PanAmSat COO James Frownfelter as the COO of Intelsat upon the closing.

Frownfelter will replace current Intelsat COO Ramu Potarazu and Intelsat Global Service Corporation president Kevin Mulloy, who have submitted their resignations from Intelsat, effective 9 February and 27 January, 2006, respectively.

As Intelsat COO, Frownfelter will have responsibility for sales and marketing functions, engineering and operations, and major program procurement. During his tenure at PanAmSat, he directed 16 successful satellite launches and instituted a renewed focus on core competencies, resulting in significant improvement in PanAmSat’s network reliability.

Since becoming an officer of the company in 2001, Frownfelter has led the transformation of PanAmSat from a satellite operator to a well-managed, higher quality, and more profitable communications company with expanded services for global distribution applications.

McGlade also announced that Phillip Spector will continue in his current role as Intelsat general counsel following the closing of the PanAmSat acquisition. He will retain responsibility for all legal and regulatory matters, as well as human resources, facilities, and security.

Spector joined Intelsat in February 2005 from the international law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP, where he was managing partner of the Washington office and chairman of the firm’s communications and technology group.

McGlade said, "The combination of Intelsat and PanAmSat will result in a premier satellite company that will be a leader in the delivery of video content, the transmission of corporate data and the provisioning of government communications solutions. Jim Frownfelter and Phil Spector have between them many decades of experience in the satellite sector, and they both have strong records of success. These appointments are the first phase in assembling a new team and signal our clear intention to take the company to the next level in terms of customer service and operational excellence."

"At the same time, I would like to thank Ramu Potarazu for his significant contributions to Intelsat and the satellite industry over the past two decades, including his leadership roles in Intelsat’s 2001 privatisation, the acquisitions of Comsat General and Intelsat Americas assets, the sale of Intelsat to our current owners in 2005, and most recently the PanAmSat transaction. Kevin Mulloy also contributed greatly to Intelsat’s success, including the development of Intelsat’s post-privatization strategy and the technical integration of the Intelsat Americas fleet. We wish them every success in their future endeavors," he added.

Acting Intelsat chief financial officer Robert Medlin will continue in that role at Intelsat until a permanent CFO is named. Current PanAmSat general counsel James Cuminale and chief financial officer Michael Inglese will stay with PanAmSat until the transaction closes.

PanAmSat CEO Joe Wright said, "I would like to congratulate Jim Frownfelter on his future role at Intelsat and feel very confident that he will have the same level of success in transforming and integrating the new company as he did at PanAmSat. While we will miss Jim Cuminale and Mike Inglese, we greatly appreciate the extraordinary roles they have played in building PanAmSat into the company it is today. Jim Cuminale was here from the creation of PanAmSat and has been a key architect of almost every major event that has occurred at this company. Mike Inglese oversaw internal and external financial transactions that were, in many cases, firsts for our industry."

On 29 August, 2005, Intelsat and PanAmSat announced that the two companies signed a definitive merger agreement under which Intelsat will acquire PanAmSat for $25 per share in cash, or $3.2 billion. The transaction is currently expected to close in the second or third quarter of 2006.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/14/photogrid_plus_1620993401447.jpg?itok=khynu7hn
Republic TV expands its footprint in UK with DistroTV

Mumbai : English news channel Republic TV is pivoting to digital, OTT and smart TV distribution with the latest addition of DistroTV to cater to the diaspora in the United Kingdom market.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/14/photogrid_plus_1620986435635.jpg?itok=Xv7zMrKl
Zee Kannada to air new show Krishna Sundari from 17 May

Mumbai: Popular Kannada channel Zee Kannada is all set to launch its new dubbed fiction show titled Krishna Sundari on 17 May. The new show will be aired on the channel at 07.00 PM daily. Krishna Sundari is the Kannada dubbed version of the Telugu serial Krishna Tulasi starring Aishwarya H and...

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/14/photogrid_plus_1620985709708.jpg?itok=7oHImuTz
Planet Marathi completes four years, set to launch two new films

Mumbai: Marathi digital platform Planet Marathi has completed four years in the industry. Formed by Akshay Bardapurkar in 2017, the platform has attempted to reinvent Marathi entertainment with Planet Marathi Production, Planet Marathi OTT, and Planet Talent.

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/14/bb.jpg?itok=_hs0Cx3-
Times Group chairman Indu Jain succumbs to Covid

Times Group chairman Indu Jain passed away on Thursday night due to Covid-related complications. She was 84. The group owns the Times of India and other newspapers.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/13/photogrid_plus_1620909725744.jpg?itok=MMOWv0i3
Colors Tamil brings world television premiere of Nayanthara's crime thriller

Colors Tamil, the youngest GEC in Tamil Nadu is all set to bring the world television premiere of Nee Enge En Anba, a crime thriller that stars Nayanthara in the lead roles. The movie will be premiered in Colors Tamil as a part of its Movie of the Month segment on 16 May at 02.00 PM, and a repeat...

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/13/photogrid_plus_1620902940150.jpg?itok=dRZdqwkD
FMCG ad volumes show record growth amid pandemic threat

In a piece of good news for the television industry amid these pandemic times, ad volumes for the FMCG sector in April witnessed a record growth, said Broadcast Audiences Research Council (BARC).  According to BARC data released on Thursday, ad volumes for FMCG grew by 166 per cent and 42 per cent...

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/13/photogrid_plus_1620902782848.jpg?itok=NbzgEjFX
Zee Telugu celebrates 16th anniversary with Zee Mahotsavam

KERALA: Zee Telugu has completed 16 years in the industry. The channel began its journey on 18 May 2005, and since its inception, it has been curating compelling content that matches the tastes and preferences of a varied palette of viewers and has carved a special place in the hearts of Telugu...

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/13/photogrid_plus_1620893708402.jpg?itok=xTKoCZN1
Republic fights second Covid wave with ‘Stay Strong India’

NEW DELHI: Since the onset of the second wave of Covid-19, Republic Media Network has dedicated 100 per cent of its programming on the nation’s fight against Covid. Republic’s #StayStrongIndia campaign has become a viral chorus across the globe, a worldwide expression of solidarity, a symbol of...

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/12/photogrid_plus_1620810463471.jpg?itok=RRzMZfN-
Covid aid: Zee Bangla Cinema says ‘we’re there for you’ with amraachhi.org

NEW DELHI: Zee Bangla Cinema, in association with its digital partner Mind and Matter, has launched a website named Amra Achhi (amraachhi.org) which means 'We are there' to provide all Covid-related help to people in West Bengal.  The website is a one-stop destination for all information related to...

Television TV Channels Regional

Sign up for our Newsletter

subscribe for latest stories

* indicates required