It is expected that PanAmSat sale by Intelsat is completed the first week of July, an operation that will rise to US$ 3.2 billion. The operation was presented as a merger project – that has the approval of each company’s managing board- and it will create the greatest fleet in the world, with 50 satellites in orbit; 21 supplied by PanAmSat and 29 by Intelsat. The merger will have a special impact in Latin America, where Intelsat will become absolute leader in the transponders provision in C band and now also in Ku band.

So far, it has been confirmed that Intelsat merged group’s head will be the current CEO, David McGlade, and that his PanAmSat’s colleague, Jo Wright, will be appointed Chairman of the new company. James Frownfelter, PanAmSat’s COO will hold that same position after the merger. Intelsat’s COO, Ramu Potarazu, and Intelsat Global Service Corporation’s president, Kevin Mulloy, have left the company. Frownfelter will have direct responsibility over sales and marketing, engineering and operations areas.

McGlade has ratified Philip Spector’s post-merger continuity as top responsible for the legal aspects, human resources and legal and regulatory security issues. Intelsat’s CFO, Roberto Medlin, will go on with that responsibility until the appointment of a new financial chief, once the integration process is finished. The so far PanAmSat’s directors, General Counsel, James Cuminale and the financial chief and executive vice-president, Michael Inglese, would leave the company when merger process is completed.

It has bee known, out of records, that Stephen Spengler, current Intelsat’s Sales vice-president will be the head of the new emerging company’s International Sales Department. He should be reported by all the regional departments, among them Latin America’s. Sales in American home market will be in the hands of the current responsible for PanAmSat’s International Sales. Another man would be left out from the new organization, Jon Romm, Intelsat Media and Entertainment Businesses Units’ president.

While the representatives of the new board already have first and last name, the future of Intelsat and PanAmSat’ operations in the world remain armored to abroad. In Washington, nothing is known yet about what will happen in the regional offices, among them Latin American led by Carmen González Safeliu in PanAmSat and Erwin Mercado in Intelsat.

This series of confirmed executives reveals that, as regards the main worldwide satellite group, real operations integration is being chased, very different from what has happened with SES Global and its new controlled company, New Skies Satellites. SES has decided that New Skies should keep its independent operation, as it has been performing, with the same responsible, led by its current president and CEO, Daniel Goldberg.