If the shares drop to 7 euros the company could be ripe for a takeover, and that is probably [for] the best.

Looking at the volatility of airline results, this is pretty much in line.

Eliminating a competitor should be good for the pricing environment of the entire industry, and Intelsat can run their satellites more efficiently than before. You can expect much more consolidation to take place.

You can expect much more consolidation to take place. Eliminating a competitor should be good for the pricing environment of the entire industry, and Intelsat can run their satellites more efficiently than before.

As always, the outlook statement, however, is conservative.

This doesn't come as a big surprise to me, as the company has said the Indian market is one of its focus points.