PARIS — Satellite fleet operator Telesat Canada’s third-quarter results constitute a mixed bag of positive and negative, with revenue and EBITDA down but both backlog and fleet fill rates up.
The highlight the quarter was the lease by Bell Canada, of the entire Canadian Ka-band payload on the Telstar 19 Vantage satellite to launch in 2018.
Telesat is likely to see a revenue bump in the fourth quarter from the lease of the Telstar 12 satellite in a transaction involving Global Eagle Entertainment and fleet operator SES . . .
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