Belgacom Switches to Intelsat Network to Provide Satellite Internet Connectivity

LONDON--(BUSINESS WIRE)--Nov. 25, 2003--Intelsat today announced the signing of a new multi-transponder agreement with Belgacom, the leading Belgian telecom operator that recently moved onto Intelsat's global satellite network, to provide high-speed Internet access to ISPs in Europe, the Middle East, Africa and Asia.
Belgacom's C- and Ku-band service, using six 72-MHz units of Intelsat capacity, is already operational and is designed to provide a high-quality and reliable way for ISPs operating in terrestrially underserved areas of these regions to access the Internet. Belgacom is utilizing a 32 meter C-band antenna from Lessive teleport in combination with Intelsat space segment to expand its reach and strengthen penetration of the Eastern European and Middle Eastern Markets.

Yuli Wexler, Regional Vice President, Europe Sales for Intelsat's Data, Carrier & Internet unit, stated, "We won this contract because Intelsat's capacity and flexible solutions can be tailored to fit the exact requirements of our customers. The ability of Intelsat to move, change or adjust our network, as needed, is a significant advantage in a market where other providers don't necessarily have the freedom to adjust their networks to accommodate service requests."

About Intelsat

Intelsat, Ltd. offers telephony, corporate network, video and Internet solutions around the globe via capacity on 25 geosynchronous satellites in prime orbital locations. Customers in approximately 200 countries rely on Intelsat satellites and ground resources for quality connections, global reach and reliability. For more information, visit www.intelsat.com.

Some of the statements in this news release constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. These forward-looking statements reflect Intelsat's intentions, plans, expectations, assumptions and beliefs about future events and are subject to 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 20-F for the year ended December 31, 2002 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.