{"id":86995,"date":"2010-05-08T00:57:28","date_gmt":"2010-05-07T16:57:28","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/telesat-posts-growth-in-first-quarter\/"},"modified":"2010-05-08T00:57:28","modified_gmt":"2010-05-07T16:57:28","slug":"telesat-posts-growth-in-first-quarter","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/telesat-posts-growth-in-first-quarter\/","title":{"rendered":"Telesat Posts Growth in First Quarter"},"content":{"rendered":"<p>[05-07-10] <strong>Telesat Holdings<\/strong> recorded revenues of $199 million in the 2010 first quarter, the company announced May 6. \t<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; Revenues were down $5 million compared to the same period in 2009, thought when adjusted for foreign exchange rates, revenues grew 5 percent, Telesat said. Adjusted EBITDA for the first three months of 2010 was $149 million, up 3 percent from the first three months of 2009 and up 12 percent when adjusted for foreign exchange rate differences. <br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; &#8220;Incremental revenue contributions from Nimiq 5 and Telstar 11N and continued discipline on the cost side of our business resulted in strong growth in adjusted EBITDA and a meaningful improvement in Telesat\u2019s adjusted EBITDA margin,\u201d Telesat President and CEO Dan Goldberg said in a statement. \u201cWe also concluded an important agreement in the quarter with <strong>Shaw Direct<\/strong> for a new payload on a new satellite, underscoring the strength on our North American direct-to-home video business and augmenting our already industry leading contractual backlog.&#8221; <br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; Telesat\u2019s utilization rates was 87 percent for its North American fleet and 77 percent for its international fleet at the end of March, and the company\u2019s backlog was about $5.8 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[05-07-10] Telesat Holdings recorded revenues of $199 million in the 2010 first quarter, the company announced May 6. &nbsp;&nbsp;&nbsp;&nbsp; Revenues were down $5 million compared to the same period in 2009, thought when adjusted for foreign exchange rates, revenues grew 5 percent, Telesat said. Adjusted EBITDA for the first three months of 2010 was $149 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-86995","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86995"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=86995"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86995\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=86995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=86995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=86995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}