Intelsat, a satellite communications company owned by BC Partners and minority co-investor Silver Lake, is set to sell 21.7 million shares on the NYSE. The company, which will trade under the symbol I, expects to price the offering between $21 and $25 per share. BC Partners will maintain a controlling stake in the company. Based in Luxembourg, Intelsat provides fixed satellite services worldwide, serving the media, network services and government customer sectors. BC and Silver Lake acquired the company in 2008 for about $5 billion from Apax Partners, Apollo Global Management, Madison Dearborn Partners and Permira.