Satellite Today: What percentage of your revenues do you generate internationally? How could that change?
Goldberg: If you look at customer billing address, around 85 percent of our revenues come from North America. If you look at it what percentage of the revenues are coming from international assets, I would say 20 percent to 25 percent are coming off our international assets. That is a significant portion. When we launch the Nimiq-4 and the Nimiq-5 satellites, that will tip the balance back to North America. When we launch T11N at the end of the year that is more of an international focus. Skynet has always participated in virtually every market around the world and we’re focused on growing both within and outside of North America.
Satellite Today: What are your capital expenditure plans beyond these three satellites?
Goldberg: We have some replacement satellites after that, and the first ones will be on the international side. We have a good number of expansion slots in North America, and we continue to see some promising opportunities on both the broadband side and the video distribution side in North America. We are looking to grow our business around the world, and this will be driven by the commercial opportunities available.
Satellite Today: Are there opportunities for Telesat in terms of acquisitions or is there more of a focus on organic growth?
Goldberg: I think it will continue to be both. The larger operators will grow their businesses organically and look to find good opportunities to grow through acquisition as well. There are many compelling reasons to look to grow through mergers and acquisitions. A significant amount of value can be created. I think there is more of that to take place.
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