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Telesat Q1 2022

June 28, 2022

      In Q1 2022, operator Telesat reported:  $186 million Canadian dollars ($144 million) in revenue, a 3% decrease compared to the same period in 2021. The revenue decrease was primarily due to the DTH reduction, termination and reductions on contract renewal of certain services, and a decrease in equipment sales to Canadian government customers. Net income…

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