Loral Space & Communications Inc is a provider of satellite-based communications services. It offers video distribution and contribution, and occasional use services as well as telecommunication carrier and integrator services through its subsidiaries.
SES and Telesat Respond to FCC Adoption of C-band Report and Order
Feb 28, 2020 @ 20:41
SES, S.A. and Telesat, as founding members of the C Band Alliance, today congratulate Chairman Ajit Pai and the Commission on the adoption of the C-band Report and Order. SES and Telesat look forward to reviewing the Commission’s order in detail and working with the FCC and all stakeholders to accomplish...
Telesat Reports Results for the Quarter and Year Ended December 31, 2019
Feb 27, 2020 @ 12:00
OTTAWA, Feb. 27, 2020 -- Telesat today announced its financial results for the three-month and one-year periods ended December 31, 2019. All amounts are in Canadian dollars and....
Telesat has scheduled a conference call on Thursday, February 27, 2020, at 10:30 a.m. ET to discuss its financial results for the three month and one-year periods ended December 31, 2019. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial...
Andrew Browne Joins Telesat as Chief Financial Officer
Dec 12, 2019 @ 11:45
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’s Executive Management Team and be based in the company’s headquarters...
Is Loral Space & Communications Inc. (LORL) Going To Burn These Hedge Funds ?
Dec 11, 2019 @ 20:55
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought...
Telesat Canada Announces Closing of Its Secured Notes Offering and Credit Facility Refinancing Transaction
Dec 11, 2019 @ 11:45
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 to an indenture, dated as of December 6, 2019, by and among Telesat and Telesat...
Telesat Canada Announces Pricing of Notes Offering and Sizing of Senior Secured Credit Facilities
Nov 22, 2019 @ 21:05
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. This represents a US$100 million decrease from the proposed offering size previously announced...
FCC chief backs public auction for 5G spectrum, sending satellite stocks reeling again
Nov 18, 2019 @ 21:35
The head of the Federal Communications Commission on Monday sided with some vocal lawmakers and disappointed three satellite companies, as he said that he supports a public auction of radio spectrum rather than the companies’ plan....