Poised for IPO, Telesat adds U.S. telecom veteran to C-suite
Ottawa-based satellite equipment provider names former Comcast Business VP Glenn Katz to the newly created role of chief commercial officer.
Poised for IPO, Telesat adds U.S. telecom veteran to C-suite
Ottawa-based satellite equipment provider names former Comcast Business VP Glenn Katz to the newly created role of chief commercial officer.
Feds pump $1.44 billion into Telesat’s Lightspeed satellite network
Contribution marks a ‘decisive step’ toward fully financing Ottawa-based company’s $6.5-billion project aimed at delivering high-speed internet service to remote areas, CEO says.
Telesat lands $109M provincial contract to provide high-speed rural connectivity
Telesat has signed a $109-million contract with the Ontario government that will see the Ottawa-based satellite equipment manufacturer help deliver high-speed internet service to rural
Satellite equipment firm C-COM’s revenues take 20% dive in Q2
But company sees brighter days ahead as it continues to refine antenna technology for next-generation satellites poised to deliver high-speed internet to the most remote
Retail giant Costco Ottawa’s top revenue-generating firm in new list
Big-box behemoth, whose Canadian subsidiary is headquartered on Hunt Club Road, posted revenues of $30.2 billion in 2020, up 6.6 per cent from a year
Telesat turns Q1 profit despite 9% revenue dip as pandemic plays havoc with key customers
Ottawa-based company reported revenues of $190 million for the three-month period ending March 31, down from $208.7 million a year earlier.
Telesat seeks to raise US$500M in secured note offering
Ottawa-based firm says proceeds from the offering will help finance its multibillion-dollar low-Earth orbit satellite program.
Telesat’s revenues fall 10% in 2020 as firm prepares to launch LEO satellite project
Company said it lost a contract with a major North American direct-to-home broadcast customer and saw revenues from clients in the aeronautical and maritime industries
Telesat to set up satellite operations campus in Gatineau as part of $400M deal
The Quebec government will receive a $200-million equity stake in the cutting-edge satellite network and will also provide Telesat with a $200-million loan.
Telesat reaches $3B agreement with French-Italian firm to build LEO satellite fleet
Project will pave the way for the Ottawa firm’s customers to deliver high-speed internet to the farthest reaches of the globe.
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