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Telesat Corporation (NASDAQ:TSAT ) Q1 2025 Earnings Conference Call May 6, 2025 10:30 AM ET Company Participants James Ratcliffe - Vice President, Investor Relations Dan Goldberg - President & Chief Executive Officer Andrew Browne - Chief Financial Officer Conference Call Participants Chris Quilty - Quilty Space David McFadgen - Cormark Securities Operator Good morning, ladies and gentlemen. Welcome to the Conference Call to Report the First Quarter 2025 Financial Results for Telesat.
OTTAWA, Ontario, May 06, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three month period ended March 31, 2025. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted.
OTTAWA, Ontario, April 29, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Tuesday, May 6, 2025, at 10:30 a.m. EDT to discuss its financial results for the three month period ended March 31, 2025. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat.
ARLINGTON, Va., April 22, 2025 (GLOBE NEWSWIRE) -- Telesat Government Solutions, a wholly-owned subsidiary of Telesat (Nasdaq and TSX: TSAT), today announced Ronald Thompson Jr., Colonel (retired), USAF, as Vice President of Telesat Government Solutions Growth. In this strategic role, Mr. Thompson will function as the chief growth officer, leading the business growth strategies and business development team for the company, with a mission of expanding the government user community for the Telesat Lightspeed Low Earth Orbit (LEO) satellite network.
Telesat is developing a Low Earth Satellite Network, Lightspeed, to compete with Starlink and others. The company has contracts secured, and its Lightspeed network could be financially lucrative if it gains successful operation. Because of its small-cap status and Lightspeed network, Telesat is a buyout candidate.
Telesat Corporation is navigating a tough transition—core revenue is falling due to expiring contracts and increased competition, just as it ramps up massive capital and operating spend for its Lightspeed satellite. While the Lightspeed LEO program has government backing and a growing contract backlog, it's still a high-risk, high-reward play. Execution needs to be near-perfect to justify the investment and current valuation. With fierce competition from players like Starlink and Amazon Kuiper, and no clear path to meaningful market share gains, DCF analysis points to a $15.20 TSAT price target—10% downside.
Telesat Corporation (NASDAQ:TSAT ) Q4 2024 Earnings Conference Call March 27, 2025 10:00 AM ET Company Participants James Ratcliffe - VP, IR Dan Goldberg - President & CEO Andrew Browne - CFO Conference Call Participants Edison Yu - Deutsche Bank David McFadden - Cormark Securities Chris Quilty - Quilty Space Walt Piecyk - LightShed Caleb Henry - Quilty Space Operator Good morning, ladies and gentlemen. Welcome to the Conference Call to Report the Fourth Quarter of 2024 Financial Results for Telesat.
OTTAWA, Ontario, March 27, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three and twelve-month periods ended December 31, 2024. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted.
OTTAWA, Ontario and DHAKA, Bangladesh, March 25, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and ADN Telecom Limited (DSE & CSE: ADNTEL), a leading telecommunications company, providing the latest digital communications and satellite services in Bangladesh, signed and jointly announced today a multi-year partnership to deliver Telesat Lightspeed low earth orbit (LEO) connectivity solutions across Bangladesh and South Asia.
OTTAWA, Ontario, March 21, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Thursday, March 27, 2025, at 10:30 a.m. EDT to discuss its financial results for the three and twelve month periods ended December 31, 2024. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat.