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Where should you invest your money in 2020? As we enter a new year, cash offers meager returns; I’m currently getting 1.6% APY on my cash at SoFi and most interest rates are even worse. This matches the short-term applicable federal rate/AFR. Long-term rates are not much better a...
This article was selected to be shared with PRO+ subscribers - find out more here . Introduction In the very near future the FCC will decide how to free up desperately needed C-Band spectrum for the 5G revolution in wireless technology. Several satellite companies currently use this s...
OTTAWA, Dec. 12, 2019 (GLOBE NEWSWIRE) -- Telesat announced today that Andrew Browne, one of the industry’s most experienced executives, has been appointed the company’s Chief Financial Officer (CFO). Reporting to President and CEO, Dan Goldberg, Andrew will serve on Telesat...
OTTAWA, Dec. 11, 2019 (GLOBE NEWSWIRE) -- On Friday, December 6, 2019, Telesat Canada (“Telesat”) issued US$400 million in aggregate principal amount of 4.875% senior secured notes due 2027 (the “Senior Secured Notes”), which will mature on June 1, 2027, pursuant...
OTTAWA, Nov. 22, 2019 (GLOBE NEWSWIRE) -- Telesat Canada (“Telesat”) today announced the pricing of an offering of US$400 million aggregate principal amount of 4.875% senior secured notes due 2027 (the “Senior Secured Notes”) by Telesat and Telesat LLC. Thi...
OTTAWA, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Telesat Canada (“Telesat”) today announced that it entered into discussions on November 15, 2019 to amend its existing credit agreement, dated March 28, 2012, among Telesat and Telesat LLC, as borrowers (the “Borrowers”),...
Loral Space and Communications (NASDAQ: LORL ): Q3 Net loss of C$122.68M. Revenue of C$237.11M (+4.4% Y/Y) Press Release More news on: Loral Space & Communications Inc., Earnings news and commentary, Tech stocks news,
OTTAWA, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Telesat today announced its financial results for the three and nine-month periods ended September 30, 2019. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise n...
A lot happened last week which strongly supports my bear thesis. Lawmakers proposed an act which prevents the FCC from giving away tens of billions of taxpayer dollars to foreign companies, who never actually bought the spectrum. This article explains the implications of this proposal and wh...
OTTAWA, Oct. 29, 2019 (GLOBE NEWSWIRE) -- Telesat has scheduled a conference call on Tuesday, November 5, 2019, at 10:30 a.m. ET to discuss its financial results for the three and nine month periods ended September 30, 2019. The call will be hosted by Daniel S. Goldberg, President and Chief...
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Globalstar shares ( NYSEAMERICAN: GSAT ) jumped 16% following an announcement that the company will be the satellite operator for the new emergency SOS service for Apple ( NASDAQ:AAPL ). The announcement comes right on the heels of Apple’s hardware event that announce...
Closing of Integration Transaction to Combine Loral with Telesat Currently Expected November 18, 2021 and November 19, 2021 Canada NewsWire Deadline for Stockholders to Elect Transaction Consideration is November 15, 2021 NEW YORK , Nov. 9, 2021 /CNW/...
OTTAWA, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Telesat has scheduled a conference call on Friday, November 5, 2021, at 10:30 a.m. ET to discuss its financial results for the three-month and nine-month periods ended September 30, 2021. The call will be hosted by Daniel S. Goldberg, President and ...