Cable & Telecom

Revenue, earnings, rise at Telesat

OTTAWA - 2006 consolidated operating revenue at Telesat was $479 million, a 1% increase from 2005. The company also posted net earnings applicable to common shares of $102.5 million, 15% higher than the previous record of $88.9 million set in 2005. Cash flows from operating activities were $217.1 million for the year compared with $230.2 million for the same period in 2005, a decrease of $13.1 million or 6%. The decrease is due to the costs for special one-time executive compensation arrangements and to the expenses of the now-cancelled initial public offering. In September, Telesat announced the retirement of Larry...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.