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Telesat Corporation Class A Common Shares and Class B Variable Voting Shares - TSAT STOCK NEWS

Welcome to our dedicated news page for Telesat Corporation Class A Common Shares and Class B Variable Voting Shares (Ticker: TSAT), a resource for investors and traders seeking the latest updates and insights on Telesat Corporation Class A Common Shares and Class B Variable Voting Shares.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Telesat Corporation Class A Common Shares and Class B Variable Voting Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Telesat Corporation Class A Common Shares and Class B Variable Voting Shares's position in the market.

Rhea-AI Summary
Telesat, one of the world’s largest satellite operators, will hold a conference call on November 6, 2023, to discuss its financial results for the three and nine month periods ended September 30, 2023. The call will be hosted by Telesat's President and CEO, Daniel S. Goldberg, and CFO, Andrew Browne. The dial-in number for the teleconference is +1 800 806 5484. A webcast of the call will also be available on Telesat's website. A replay of the teleconference will be available until November 20, 2023.
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0.89%
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Telesat and SpaceX announce multi-launch agreement for Telesat Lightspeed constellation
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MDA awarded $2.1B contract for 198 satellites, largest in company history
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Telesat announces Q2 and H1 2023 financial results, reporting a decrease in revenue but strong performance in Adjusted EBITDA margins. The company also highlights the selection of MDA as the prime satellite contractor for Telesat Lightspeed, which is now fully funded. Telesat's net income shows a significant positive variation compared to the prior year. The company's contracted backlog for future services is approximately $1.6 billion.
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53.49%
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Telesat announces that MDA Ltd. will build 198 advanced satellites for the Telesat Lightspeed Low Earth Orbit program. The network will achieve increased efficiency and flexibility while maintaining high service performance. The capital cost savings for the program are estimated to be approximately US$2 billion. Telesat is fully funded through global service delivery with funding commitments from the Canadian government. Satellite launches are scheduled to begin in mid-2026.
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Telesat Corporation Class A Common Shares and Class B Variable Voting Shares

Nasdaq:TSAT

TSAT Rankings

TSAT Stock Data

96.63M
13.46M
7.74%
64.89%
1.18%
Satellite Telecommunications
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United States of America
Ottawa