Telesat’s LEO: $332M in dedicated account, + $344M coming from FCC, + Canada C-band; IPO still TBD

by Peter B. de Selding

PARIS — Telesat dug in on its proposed LEO broadband satellite constellation’s B2B business model, saying it is keeping clear of the broader consumer broadband market because of the lack of consumer-affordable antennas to track low-orbiting satellites.

LEO remains focused on enterprise markets — cellular backhaul for mobile network operators, government services and maritime and aero mobility applications. Despite the competitive landscape, Telesat views these markets as sufficient to justify several billion dollars in expected LEO capex.

The satellite industry has been scanning the horizon for . . .

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