Two major shareholders in the pre-bankruptcy Intelsat, plus the former chairman, are named again by Plaintiffs in a Class Action which alleges they took part in selling off investments in Intelsat helped by inside knowledge. The complaint was originally mounted earlier in 2022, but the judge in the case dismissed the Federal Class Action, nevertheless […]
Satellite operators for many years welcomed their wholesale clients. Part of this was because many operators were initially owned by their national telcos who wanted hold onto their re-selling rights and their inherent profits. Indeed, almost all European telcos were perfectly happy to invest in satellites just so long as they retained their wholesale relationships. […]
Ottawa-based satellite operator Telesat reported its quarterly and 9-months trading for the period to September 30th. CEO Dan Goldberg told analysts: “In the quarter we progressed discussions with our suppliers and financing sources on Telesat Lightspeed, our revolutionary planned Low Earth Orbit satellite constellation. We continue to believe that we will have greater clarity on […]
The UK’s Competition and Markets Authority (CMA) has found the proposed merger between Viasat and Inmarsat with could lead to airlines facing higher prices for on-board Wi-Fi and has asked the pair to submit proposals to address its competition concerns. The CMSA notes that Viasat and Inmarsat are two of the largest satellite communications companies […]
Ottawa-based satellite operator Telesat is up against some tough ITU ‘bringing into use’ (BIU) deadlines for its proposed Lightspeed super-constellation of 188 satellites. The ITU is careful with its BIU requirements; its rules are designed to eliminate the filing of so-called ‘paper projects’ where the filer would be granted frequency or orbital permissions for a […]
Ottawa-based satellite operator Telesat, in supplying its latest results, is still not able to give any news on its planned Lightspeed low Earth orbiting super-constellation and how it is to be financed. Project delays as a result of Covid also mean that Telesat is up against some key ITU and FCC launch obligations being missed. […]
UK comms regulator Ofcom has received an application from Canadian satellite operator Telesat for an Earth Station Network Licence for its Lightspeed satellite constellation. This application is to allow the deployment of user terminals, which is the equipment used by customers for a variety of different purposes. This can be on the ground, in the […]
Canadian satellite operator Telesat has showcased its potential low Earth orbiting Lightspeed system with a connectivity demonstration over India. Telesat, working with Indian satellite service provider Nelco, used its first LEO test satellite, to provide the demo. The signals went to a routine 85 cm parabolic dish antenna at Nelco’s Teleport outside Mumbai. Round-trip signals […]
Quebec’s government is already financially supporting its Canada-based satellite operator Telesat and its planned Lightspeed low Earth orbiting constellation. It is also helping to connect homes in difficult to reach regions using Elon Musk’s Starlink. Just over 10,000 remote homes will be connected by the American company’s service. Starlink’s low-earth orbit satellites, operated by SpaceX, […]
Ottawa-based Telesat has significantly reduced the planned size of its Lightspeed low Earth orbiting constellation. Telesat says of its originally planned 298 craft, it will now orbit just 188 plus 10 in-flight orbiting spares. CEO Dan Goldberg gave an update on current plans and decisions for the constellation as part of the operator’s Q1/2022 financials […]