Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


June 03, 2015 4:17 PM ET

Diversified Telecommunication Services

Company Overview of Telesat Holdings Inc.

Company Overview

Telesat Holdings Inc. provides secure satellite-delivered communications solutions to broadcast, telecom, corporate, and government customers. The company’s satellite-based services allow DTH service providers to deliver television programming, audio, and information channels directly to customers’ homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services. It also offers value-added services that include satellite capacity, digital encoding of video channels, authorization, and uplinking and downlinking services; and occasional use services for the timely broadcast of video news, sports, and live event coverages. In addition, the c...

1601 Telesat Court

Ottawa, ON K1B 5P4

Canada

419 Employees

Phone:

613-748-0123

Fax:

613-748-8712

Key Executives for Telesat Holdings Inc.

Chief Executive Officer, President, Chief Executive Officer of Telesat Canada and President of Telesat Canada
Age: 48
Chief Financial Officer and Treasurer
Age: 55
Vice President, General Counsel and Secretary
Age: 50
Executive Director of Government and Regulatory Affairs
Director of Treasury & Risk Management
Compensation as of Fiscal Year 2014.

Telesat Holdings Inc. Key Developments

Telesat Holdings Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Telesat Holdings Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of CAD 228,708,000 compared to CAD 241,928,000 a year ago. Operating income was CAD 124,624,000 compared to CAD 132,827,000 a year ago. Loss before tax was CAD 135,534,000 compared to CAD 7,973,000 a year ago. Net loss was CAD 154,189,000 compared to CAD 28,262,000 a year ago. Net cash from operating activities was CAD 78,191,000 compared to CAD 80,464,000 a year ago. Purchase of other property and equipment was CAD 2,221,000 compared to CAD 1,973,000 a year ago. Adjusted EBITDA was CAD 186,252,000 compared to CAD 198,056,000 a year ago. Results were negatively impacted by a non-cash loss on foreign exchange arising from the translation of Telesat's U.S. dollar denominated debt into Canadian dollars as well as lower operating income. The losses were partially mitigated by a higher gain on changes in the fair value of financial instruments and by lower interest expense in the first quarter of 2015.

Telesat Holdings Inc., Q1 2015 Earnings Call, Apr 30, 2015

Telesat Holdings Inc., Q1 2015 Earnings Call, Apr 30, 2015

Telesat Announces Director Changes

Effective April 16, 2015, Mr. Derek Murphy has stepped down as a director of Telesat Holdings Inc., Telesat Interco Inc. and Telesat Canada, and as member of the Board of Managers of Telesat LLC. Telesat Holdings Inc. announced that, effective April 16, 2015, Mr. Daniel Garant has joined the Board of Directors of Telesat Holdings Inc., Telesat Interco Inc. and Telesat Canada, and the Board of Mangers of Telesat LLC. Mr. Garant joined the Public Sector Pension Investment Board ("PSP Investments") in September 2008 as Senior Vice President, Public Market Investments. In addition to those responsibilities, he was named Interim Senior Vice President, Private Equity in April 2015. Previously, from 2005 to 2008, he was Executive Vice President of Finance and CFO for Hydro-Qu bec, as well as the CEO of Hydro-Qu bec International. From 1991 to 1997, he held the position of Senior Manager, Private Equity at the Caisse de d p t et placement du Qu bec.

Similar Private Companies By Industry

Company Name Region
1285103 Ontario Inc. Americas
exactEarth Ltd. Americas
MetroNet Communications Corp Americas
Orange Business Services Canada Inc. Americas
Crys-Tel Telecommunication Inc. Americas

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Telesat Holdings Inc., please visit www.telesat.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.