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Telesat receives loan from federal government, reports declines for Q4 and fiscal year results

Internet and Governance | 04/02/2024 5:31 pm EDT

The federal government is loaning $2.14 billion to support Telesat Corp.’s development of its low-earth orbit (LEO) global broadband satellite constellation. The company...

Telesat reports rising expenses and drops in revenue, profit for Q2

telecom | 08/13/2021 3:28 pm EDT

Telesat Corporation, a newly-public satellite company with plans to connect Canadian communities to broadband internet using a low earth orbit (LEO) satellite constellation,...

Telesat inks $109M deal with Ontario

telecom | 08/06/2021 4:52 pm EDT

Telesat Holdings Inc.'s push to become Canada's biggest purveyor of low-earth orbit satellites (LEO) got...

Telesat needs proceeds from 3800 MHz to compete: CEO

telecom | 03/11/2021 6:11 pm EST

If Innovation, Science and Economic Development Canada doesn't approve Telesat Holdings Inc.'s proposal...

Telesat announces LEOS constellation Lightspeed to launch in 2023

telecom | 02/09/2021 5:39 pm EST

Telesat Holdings Inc. announced today that the company will partner with French-Italian company Thales Alenia Space for the manufacture of post of its low-earth orbit satellite (LEOS) constellation,...

Going public gives ‘more optionality’ for funding LEOS, Telesat CEO says

telecom | 11/24/2020 7:04 pm EST

A corporate restructuring that will see Telesat Holdings Inc. go public and...

LEO providers aiming to meet gov’t connectivity goals within 3 years

telecom | 11/18/2020 2:36 pm EST

Telesat Holdings Inc. and Space Exploration Technologies Corp. (SpaceX) both said Tuesday they plan to provide broadband connectivity to remote and rural areas of Canada seven years ahead of the government’s 2030 target date, though neither had a definitive answer about the affordability of the services. Speaking before a meeting of the House of Commons industry committee, Telesat president and CEO Dan Goldberg said he expects Telesat to have its full constellation of around 300 low earth...

Telesat hires new CFO

telecom | 12/12/2019 3:40 pm EST

Satellite service provider Telesat Holdings Inc. has named Andrew Browne as its new chief financial officer on Thursday, following the retirement of Michel Cayouette. ...

FCC grants access to U.S. market for Telesat LEO satellite service

telecom | 11/07/2017 5:46 pm EST

Telesat Holdings Inc. will be allowed to offer internet service based on...