Telesat today announced its financial results for the three and nine-month periods ended September 30, 2019. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted. For the quarter ended September 30, 2019, Telesat reported consolidated revenue of $237 million, an increase of 4% ($10 million) compared to the same period in 2018.

Last month I spoke at an event for information technology security professionals in Riga, Latvia.  The theme of my presentation was a little off the mainstream of topics addressed during the several tracks of the program – unsurprisingly heavily focused on cyber security, but also covering the continuing evolution of 5G, the upcoming generation of terrestrial mobile broadband communications. 

 mcfall.jpgRoss Video announced that Mary Jean McFall has recently joined the company in the new role of General Counsel. McFall will be based at the company’s Ottawa campus, with responsibility for all corporate and commercial legal activities including coordination with external legal counsel globally.

Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the First Quarter ended 30 September 2019. First Quarter revenues of the Operating Verticals of €316.5 million, down 6.2% like-for-like , (ie, at constant currency and perimeter).

NSR’s VSAT and Broadband Satellite Markets ,18th Edition report, released today, forecasts healthy revenues in the next decade with Enterprise VSAT gaining a slight edge over Consumer Broadband, accounting for greater than 50% of total revenues. Backhaul & Trunking will be the key application globally, but broadband to households, consumers, and hotspots will account for healthy demand as well.