Telesat Canada

In June 2007, the CEO of Telesat Canada, based in Ottawa, Ontario, considered the strategy after Industry Canada decided to reject four of six of its applications for satellite space. His biggest concern was the decision to grant the two main licenses for the Extended Kuband Network that the company’s largest customers, Bell Canada Inc. and Shaw Communications, were looking for to a subsidiary of a non-Canadian company, Ciel Satellite Limited Partnership. owned by SES. SA, a global company based in Luxembourg. The regulator’s decision had the potential to drastically reduce Telesat’s future revenue and destabilize its valuation in the middle of a sales process. The company needed an action plan to propose a licensing review while maintaining its working relationship with Industry Canada.

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