OTTAWA – Satellite owner-operator Telesat reported consolidated revenues of $202 million in the second quarter of 2012 ended June 30th, an increase of approximately 1% compared to the same period in 2011. However, when adjusted for foreign exchange rate changes over the period, revenue decreased by 1% ($1.4 million) compared to the same period in 2011. For the six month period ended June 30, 2012, consolidated revenues were $398 million, a decrease of approximately 1% compared to the same period in 2011. When adjusted for foreign exchange rate changes, revenues decreased by 2% compared to the same period in 2011,...
