Telesat Holdings Inc. provides secure satellite-delivered communications solutions to broadcast, telecom, corporate, and government customers. The company’s satellite-based services allows DTH service providers to deliver television programming, audio, and information channels directly to customers’ homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services. It also offers value-added services that include satellite capacity, digital encoding of video channels, and uplinking and downlinking services; and occasional use services for the timely broadcast of video news, sports, and live event coverages. In addition, the company operate...
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Telesat Appoints Tom Eaton as Vice President, International Sales
Sep 11 14
Telesat announced the appointment of Tom Eaton as the company's Vice President, International Sales. Based in Washington, D.C., Mr. Eaton will report to the company's President and CEO and also will serve on the executive committee of the company. The company also announced that Nigel Gibson, who has served as the company's Vice President, International Sales operating out of the company's London, UK office since 2009, has chosen to leave the company following a transition of his responsibilities to Mr. Eaton. These changes follow the company's decision to relocate the Vice President, International Sales position from Europe to the Americas. Mr. Eaton was formerly the President of Harris CapRock Communications.
Onlime Announces New Three Year Contract with Telesat for Telstar 11N Ku-Band Capacity Linking Europe and Africa
Sep 8 14
Onlime announced that a new three year contract with Telesat for Telstar 11N Ku-band capacity linking Europe and Africa. Onlime has Ku-Band coverage over the whole of Africa and the Telstar 11N footprint over the western part of sub-Saharan Africa is an important part of the jigsaw. Onlime started with pre-launch capacity on the satellite and has seen demand grow steadily over the past five years. Onlime delivers both SCPC and iDirect Evolution services on Telstar 11N to a wide variety of customers. Onlime, that brought together CET Teleport and the Limeline Group earlier this year, offers a broad range of premium quality Business Communications solutions to enterprise, government, military, oil & gas, mining, hotels, banking, NGO and many other customer groups across the globe.
Telesat Holdings Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
Jul 31 14
Telesat Holdings Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of CAD 225,671,000 against CAD 216,350,000 a year ago. Income before tax was CAD 126,054,000 against CAD 32,386,000 a year ago. Net income was CAD 108,291,000 against CAD 14,918,000 a year ago. Adjusted EBITDA was CAD 182,899,000 against CAD 172,078,000 a year ago. Adjusted EBITDA margin was 81.0% against 79.5% a year ago.
For the six months, the company reported revenue of CAD 467,599,000 against CAD 435,198,000 a year ago. Income before tax was CAD 118,081,000 against loss before tax of CAD 58,911,000 a year ago. Net income was CAD 80,029,000 against net loss of CAD 82,500,000 a year ago. Net cash from operating activities was CAD 176,769,000 against CAD 253,064,000 a year ago. Purchase of other property and equipment was CAD 5,922,000 against CAD 5,082,000 a year ago. Purchase of intangible assets was CAD 75,000 against CAD 6,000 a year ago. Adjusted EBITDA was CAD 380,955,000 against CAD 342,341,000 a year ago. Adjusted EBITDA margin was 81.5% against 78.7% a year ago.