Interest in Telesat high, but BCE still aimed at IPO

OTTAWA – BCE CEO Michael Sabia said today that while interest in Telesat is high, the plan is still to take the satellite company public. Since Bell Canada Enterprises announcement in February that it would launch an initial public offering for Telesat, numerous other players have come to the table, looking to buy the operation outright. No dice, Sabia said today."Given Telesat's growth potential over the medium term as we look at the opportunities in the sector that it operates – and when you think about those growth opportunities then bolstered by a company that would have its own currency,...