Eutelsat’s CEO Rodolphe Belmer, in a meeting with a French parliamentary committee, told delegates that the OneWeb satellite consortium is now a “European asset”, and that it was likely to be the only mega-constellation that is not owned by the US. Eutelsat has a 17.5 per cent investment stake in OneWeb with the British Government […]
Ottawa-based satellite operator Telesat will be able to trade under its own name on the Nasdaq exchange later this year. The delay is down to its somewhat complex ownership structure. Telesat is part-owned by Loral Space & Communications (which is already quoted on the US Nasdaq). Loral’s shareholder approved the move on August 23rd whereby […]
Canada-based satellite component supplier MDA reports it is actively bidding on supplying several mega-constellations of satellites in addition to the contracts it has in place with Telesat’s broadband-by-satellite Lightspeed project and OneWeb. MDA’s CEO Mike Greenley says the company expects to see revenues of some C$800 million (€547.3m) from its Lightspeed contracts between this year […]
Canada’s government has announced a major investment and loan commitment to Telesat’s Lightspeed broadband-by-satellite constellation. The latest announcement comes on top of a C$400 million (€273m) separate investment and loan arrangement made by the government of Quebec. The Canadian government is promising C$1.44 billion made up of two parts: a 20-year loan of C$790 million […]
Bharti Global has generated plenty of headlines as to its plans for OneWeb, in which it is the major shareholder, for India. Now it has emerged that rival Tata Group is also looking at broadband-by-satellite over India. India’s Economic Times newspaper says that Tata Group subsidiary business Nelco, is in “advanced talks” with Canada’s Telesat […]
Ottawa-based satellite operator Telesat has received a C$109 million (€74m) agreement to provide “futureproof” connectivity using Telesat’s Lightspeed Low Earth Orbit satellites, now under construction. The order comes from the Government of Ontario which says that it has partnered with Telesat to bridge the digital divide in Ontario by using Telesat Lightspeed. “This C$109 million […]
Hughes Network Systems, a subsidiary business of EchoStar, is looking for extra satellite capacity to keep up with demand from its growing Latin American services. Hughes’ latest numbers show that it is supplying satellite broadband to 1.54 million homes. However, US subscribers declined some 20,000 as at June 30th, while Latino subs grew 9,000 to […]
Ottawa-based satellite operator Telesat has teamed with ThinKom Solutions to collaborate on the development of antennas for Telesat’s upcoming Lightspeed fleet of Low Earth Orbiting broadband satellites. Telesat is talking up downlink speeds of 830 Mb/s. The two companies will work together to facilitate operations of the ThinKom Ka2517 antennas on the fully integrated 298 […]
SES, in its assorted legal filings with Intelsat’s bankruptcy court, insists that it has sufficient proofs of Intelsat’s deliberate duplicity in how the end-game in the C-band allocation of the FCC’s $9.7 billion payments was managed. SES is asking the court for a Summary Judgement of its claim and the court has scheduled August 19th […]
Specialist satellite research from Quilty Analytics, in its latest report, has looked in detail at Ottawa-based Telesat and its Low Earth orbiting (LEO) plans for its Lightspeed project. Lightspeed is a 298-craft crosslinked next-generation constellation with an advanced ground infrastructure to create a highly secure, global mesh network that will mainly serve enterprise/ B2B markets, […]