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Telesat turns net profit in Q2, lifts revenue thanks to new satellites

Thursday 1 August 2019 | 13:39 CET | News
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Canadian company Telesat has reported a rise in second-quarter revenue and has turned to a net profit. On 30 June, Telesat had a contracted backlog for future services of approximately CAD 3.5 billion, and fleet utilisation was at 85 percent.

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Categories: Broadcast & Satellite
Companies: Telesat
Countries: Canada / World
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