Telesat expects 3Q revenues to rise $20 million to $220 million

OTTAWA - Although Telesat has not yet finalized its results for the last quarter, it expects to report revenues of approximately $220 million, compared to $200 million in the third quarter of 2011. It forecasts adjusted EBITDA of approximately $175 million, compared to $154 million in the third quarter of 2011. Capital expenditures will be approximately $38 million, compared to $61 million in the third quarter of 2011. It expects a contracted backlog of $5.2 billion, compared to $5.4 billion at the end of the second quarter of 2012. Cash and cash equivalents will reach approximately $143 million, compared to $198...