Press Release

Telesat Again Selected Global Satellite Operator of the Year By Panel of Industry Experts

By SpaceRef Editor
September 10, 2014
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Telesat, a leading global satellite operator, has again been recognized by Euroconsult, the preeminent analyst and research group in satellite communications, as Global Satellite Operator of the Year. The Award, which evaluates both mobile and fixed satellite providers, was announced today at the World Satellite Business Week conference in Paris.

Industry experts from Euroconsult, Space News and SatelliteFinance used a number of quantitative and qualitative standards to identify Telesat as the winning company. The Award recognizes the global operator that led the satellite services market in such metrics as 2013 revenue growth, as well as growth in 2013 EBITDA and EBITDA margin.

Upon receiving the Award, Telesat’s President and CEO Dan Goldberg commented: “Telesat is grateful for Euroconsult’s recognition of the significant organic growth we achieved in 2013. Our performance was the result of the collective expertise, dedication and hard work of the Telesat team and is a reflection of the confidence our customers have in our ability to support their mission critical requirements and the capabilities of our satellite fleet. We will seek continued growth in the years ahead by delivering unparalleled customer service and by deploying innovative satellite platforms.”

About Telesat (www.telesat.com)

Telesat is a leading global satellite operator, providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecom, corporate and government customers. Headquartered in Ottawa, Canada, with offices and facilities around the world, the company’s state-of-the-art fleet consists of 14 satellites and the Canadian payload on ViaSat-1 with another satellite under construction. Telesat also manages the operations of additional satellites for third parties. Privately held, Telesat’s principal shareholders are Canada’s Public Sector Pension Investment Board and Loral Space & Communications Inc. (NASDAQ: LORL).

For further information:
Gerry Nagler, Telesat +1 908 470-4907 (gnagler@telesat.com)

SpaceRef staff editor.