Cable & Telecom

Telesat’s Q3 revenue declines 6%

OTTAWA — Telesat reported today its consolidated revenue for the third quarter of 2022 decreased 6% ($12 million) to $180 million compared to the same quarter of 2021. The decrease “was primarily due to a reduction on renewal of a long-term agreement with a North American DTH customer and, to a lesser extent, revenue from short-term services provided to another satellite operator in 2021 that did not recur in 2022,” explains a press release announcing Telesat’s financial results for the quarter and nine months ended Sept. 30, 2022. “This was partially offset by higher revenue from mobility customers and the...
 

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.