Telesat finalizes $600-million agreement with federal government to provide LEO capacity pool

OTTAWA — Telesat and the government of Canada today announced they have completed their $600-million agreement signed in July 2019 that will see the federal government buy broadband capacity on Telesat’s low-Earth-orbit (LEO) satellite constellation, once it enters service, over a 10-year period. The agreement will enable Internet and mobile service providers to acquire Telesat LEO capacity at “substantially reduced rates” to bring broadband connectivity to rural, northern and Indigenous communities across Canada, says Telesat’s press release. “Telesat LEO will transform connectivity in Canada, and this agreement will bring affordable enterprise grade, high-speed connectivity to underserved Canadians no matter where...