NEWTOWN, Conn. - The expansion of high-speed broadband services is needed in North America, especially in rural regions of Canada. Demand for satellite direct-to-home (DTH) television service and broadband for airlines is also growing. In addition, companies such as WildBlue Communications, Shaw Direct, and Bell TV continue to demand satellite services. For these reasons, Telesat continues to experience strong demand in its home market of North America.
To meet this ever-increasing demand, Telesat is purchasing new satellites. With the addition of Anik G1, which launched on April 16, 2013, the company now operates 14 satellites. Telesat has also recently signed a contract with Airbus Defence and Space (formerly Astrium) for a new satellite, dubbed Telstar 12 VANTAGE, to replace the Telstar 12. The company also forms partnerships with other satellite operators, such as Arabsat, to share satellite capacity. Under a recent agreement, Telesat will utilize some of the capacity on yet-to-be-ordered HellasSat-4.
Telesat's relationship with its primary shareholders has been complicated over the past few years. Telesat has been the subject of divestiture talks by its majority owners, Canada's Public Sector Pension Investment Board and Loral Space & Communications Inc. While Loral decided to hold onto Telesat, the holding company is now trying to sell itself as well as Telesat.
Telesat will continue to take delivery of satellites in low but steady numbers to replace existing in-orbit satellites reaching the end of their lifespans, as well as to increase capacity.
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