Subsequent to Telesat's quarterly earnings call last week which revealed the company was experiencing supply chain delays, Loral Space & Communications Inc., the largest shareholder, announced this Tuesday that "subject to the satisfaction or waiver of all the conditions to the closing" its Transaction Agreement and Plan of Merger should be completed over a two day closing period on November 18 and 19, 2021. This …
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Loral Space & Communications, the largest shareholder in Telesat, has posted a slide deck for shareholders with an update on the integration transaction ahead of an expected IPO this quarter. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, technology and more. Support independent journalism. SUBSCRIBE TODAY
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Telesat Canada today announced it plans to become a public company after coming to an agreement with its two largest shareholders, U.S. based Loral Space & Communications and Canada's Public Sector Pension Investment Board (PSP Investments). The move which was expected comes at a time when two of its competitors are poised to begin rolling out their full services months, if not a year before …
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As Telesat was holding its quarterly results call with investors, Loral Space and Communications, one of two principal shareholders in the company, announced the possible combination of Loral and Telesat. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, technology and more. Support independent journalism. SUBSCRIBE TODAY
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