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Telesat warns of Canadian exodus if Industry Canada auctions orbital slots

News | 06/24/2009 6:25 pm EDT

Telesat Canada warns it may leave Canada for countries with more hospitable regulations if Industry Canada moves forward with a proposal to use auctions to assign future satellite orbital slots and spectrum. The 40-year-old Ottawa company complains it already pays 10 times the amount for satellite spectrum licences than do its US counterparts.

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