FinanceBetaKitabout 2 hours ago
Telesat Posts Q3 Losses Amid Debt Crisis
2 min read
Ottawa-based satellite operator Telesat posted steep revenue losses in its third-quarter earnings on Thursday, reporting $81 million CAD in consolidated revenue for the three months ending Sept. 30, a 20-percent decrease from the same time last year. Its net loss for the quarter was $157 million, compared to a $121 million loss in Q3 2025.
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