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
Telesat Holdings Inc., Telesat Interco Inc. and Telesat Canada, and Telesat LLC Announce Board Changes
Aug 9 16
Telesat Holdings Inc. announced that, effective August 3, 2016, Mr. Richard Fadden has joined the Board of Directors of Telesat Holdings Inc., Telesat Interco Inc. and Telesat Canada, and the Board of Managers of Telesat LLC. Mr. Fadden was the National Security Advisor to the Prime Minister of Canada from January 19, 2015 to March 31, 2016. Previously he was the Deputy Minister of National Defence starting in May 2013 and served as the Director of the Canadian Security Intelligence Service from 2009 until 2013. Telesat Holding Inc. also announced that, effective August 8, 2013, Mr. Guthrie Stewart has joined the Board of Directors of Telesat Holdings Inc., Telesat Interco Inc. and Telesat Canada, and the Board of Managers of Telesat LLC. Mr. Stewart is currently the Senior Vice President and Global Head of Private Investments for the Public Sector Pension Investment Board (PSP Investments), a position he has held since joining PSP Investments in 2015.
Telesat Holdings Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016
Jul 26 16
Telesat Holdings Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenue of CAD 231,686,000 against CAD 227,291,000 a year ago. Operating income was 125,998,000 against CAD 124,463,000 a year ago. Income before tax was CAD 80,900,000 against CAD 81,026,000 a year ago. Net income was CAD 61,729,000 against CAD 56,131,000 a year ago. Adjusted EBITDA was CAD 191,105,000 against CAD 185,021,000 a year ago.
For the six months, the company reported revenue of CAD 466,619,000 against CAD 455,999,000 a year ago. Operating income was 248,685,000 against CAD 249,087,000 a year ago. Income before tax was CAD 338,196,000 against loss before tax of CAD 54,508,000 a year ago. Net income was CAD 299,095,000 against net loss of CAD 98,058,000 a year ago. Net cash from operating activities was CAD 265,485,000 against CAD 176,391,000 a year ago. Purchase of other property and equipment was CAD 3,785,000 against CAD 3,802,000 a year ago. Purchase of intangible assets was CAD 36,745,000 against CAD 5,000 a year ago. Adjusted EBITDA was CAD 382,096,000 against CAD 371,273,000 a year ago.
Telesat Holdings Inc. to Report Q2, 2016 Results on Jul 26, 2016
Jul 22 16
Telesat Holdings Inc. announced that they will report Q2, 2016 results at 11:33 PM, GMT Standard Time on Jul 26, 2016