OTTAWA – Satellite operator Telesat today reported third quarter revenue of $202 million for the three month period ended September 30th, a drop of 15% compared to Q3 of 2019. The revenue decrease, said the company in its press release, was due to short-term services provided to another satellite operator in the third quarter of 2019 that did not recur in 2020, a reduction of service for one of Telesat’s North American DTH customers and lower revenue due to the completion of the term for prepaid services in a customer agreement that was accounted for as having a significant financing...
