Agreement Also Enables Telenor to Offer Global, End-to-End Solutions to Its Customers
PEMBROKE, BERMUDA -- (MARKET WIRE) -- September 08, 2006 -- Intelsat and Telenor Satellite Broadcasting (TSBc) today jointly announced that they have entered into an agreement to interconnect the two companies' fiber networks in London, providing customers of both Intelsat and Telenor with expanded, seamless access to new regions and services through each provider.

Under the agreement, Telenor now has complete access to services on Intelsat's 51 satellites and GlobalConnex Media fiber and teleport network. This enables Telenor to offer global, end-to-end solutions to its broadcast customers who are primarily located in the UK, Scandinavia and Eastern Europe. Telenor expects this new capability to generate particular interest among European broadcasters who are seeking to carry U.S. professional sports content, especially for basketball and ice-hockey, which are already carried on Intelsat's U.S. fiber network in both high definition (HD) and standard definition (SD).

The London interconnect, being established as an extension of Intelsat's successful partnership with Broadwing Communications in the U.S., will allow Intelsat to provide its customers worldwide with services originating and terminating in six of Telenor's European points-of-presence (PoP). Content will pass through the interconnect in first generation, with no format changes or conversions necessary. This will allow Intelsat to better support coverage of sports and news events originating in the region, and improve access to DTH platforms on Intelsat and Telenor satellites that are co-located at 1 degreesW.

"This agreement is the latest phase in our successful, long-standing relationship with Intelsat. We expect this interconnect will significantly expand our customer service in Europe," said David Gilmore, Telenor's Commercial Director. "We look forward to bringing enhanced sports and news coverage in both SD and HD to programmers in Europe, as well as marketing the 1 degreesW European DTH platform to programmers worldwide."

Stephen Spengler, Intelsat's Senior Vice President, Europe, Africa, Middle East and Asia Pacific Sales, said, "The expansion of our presence in London is another example of how Intelsat, working in partnership with customers such as Telenor, is continuing to deliver more flexible and comprehensive solutions. Our customers can now access the huge quantity of content carried on our network each day and reach global cable and DTH platforms in more than 40 cities on three continents via a simple fiber connection."

About the New Intelsat

Intelsat is the largest provider of fixed satellite services worldwide and is the leading provider of these services to each of the media, network services/telecom and government customer sectors, enabling people and businesses everywhere constant access to information and entertainment. Intelsat offers customers a greater business potential by providing them unrivaled resources with ease of business and peace of mind. Our services are utilized by an extensive customer base, including some of the world's leading media and communications companies, multinational corporations, Internet service providers and government/military organizations. Real-time, constant communication with people anywhere in the world is closer, by far.

About Telenor Satellite Broadcasting

Telenor Satellite Broadcasting is part of Telenor Broadcast, one of the three core businesses of Norway's leading communications operator, Telenor ASA. Telenor Satellite Broadcasting provides extensive television broadcasting services for distribution, contribution and occasional applications to all the Nordic Broadcasters and many other broadcasters throughout Europe, using its hybrid network comprised of (three) satellites, terrestrial circuits and earth stations. Additionally, it provides fixed satellite communication and uplinking services for data and remote Internet applications together with VSAT and broadband services in Europe and the Middle East. Visit the company's website at www.telenorsbc.com

Intelsat Safe Harbor Statement: Some of the statements in this news release constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. The forward-looking statements made in this release reflect Intelsat's intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, including known and unknown risks, uncertainties and other factors, many of which are outside of Intelsat's control. Important factors that could cause actual results to differ materially from the expectations expressed or implied in the forward-looking statements include known and unknown risks. Detailed information about some of the known risks is included in Intelsat's annual report on Form 10-K for the year ended December 31, 2005 and Intelsat's registration statement on Form S-4 on file with the U.S. Securities and Exchange Commission. Because actual results could differ materially from Intelsat's intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this news release with caution. Intelsat does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Intelsat Contact:
Jodi Katz
Jodi.katz@intelsat.com
+1 202 944 8223