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Telesat Corporation

$40.09 −5.71% day

A Canadian satellite operator in Ottawa, long a geostationary fleet owner, now building Lightspeed, a low-Earth-orbit network for governments and businesses. Its shares weigh that costly build against the debt on its older satellites.

Oct 30 · $40.09 · −13.1% vs the window’s open

Yahoo Finance · NMS · daily
the numbers23
whenvaluechange
Sep 30$46.14
Oct 1$46.43+0.6%
Oct 2high$48.00+3.4%
Oct 5$46.17−3.8%
Oct 6$47.66+3.2%
Oct 7$46.74−1.9%
Oct 8$44.66−4.5%
Oct 9$45.96+2.9%
Oct 12$45.18−1.7%
Oct 13$45.72+1.2%
Oct 14$44.23−3.3%
Oct 15$46.52+5.2%
Oct 16$44.96−3.4%
Oct 19$44.88−0.2%
Oct 20$40.86−9.0%
Oct 21$42.23+3.4%
Oct 22$40.40−4.3%
Oct 23$42.55+5.3%
Oct 26$44.69+5.0%
Oct 27$46.92+5.0%
Oct 28$45.55−2.9%
Oct 29$42.52−6.7%
Oct 30latest$40.09−5.7%

Lately

Telesat owes C$2.4 billion on its legacy geostationary business on 6 December, and its CEO told analysts he is 'pretty constrained' in what he can say about refinancing. That old business is shrinking, while Lightspeed, Canada's bet on a non-Starlink network, depends on the same company.

  1. Telesat Faces December Deadline

Mentioned in · 1

  1. Telesat Faces December Deadline Payload