
Telesat posts Q3 loss as customers scale back services
Ottawa-based company generated revenues of $192 million for the three-month period ending Sept. 30, down from $202 million a year earlier.
Telesat posts Q3 loss as customers scale back services
Ottawa-based company generated revenues of $192 million for the three-month period ending Sept. 30, down from $202 million a year earlier.
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
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’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.
Ottawa-based Telesat reaches deal to go public on Nasdaq in 2021
Downtown firm says trading on U.S. exchange will help fund its multibillion-dollar low-Earth orbit satellite program.
Telesat turns Q3 profit despite dip in revenues
Ottawa-based satellite equipment provider posted a net income of $107 million in the quarter ending Sept. 30.
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