{"id":88110,"date":"2009-11-13T00:27:43","date_gmt":"2009-11-10T17:17:50","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/telesat-third-quarter-growth-driven-by-nimiq-4-telstar-11n-services\/"},"modified":"2026-08-19T14:46:39","modified_gmt":"2026-08-19T06:46:39","slug":"telesat-third-quarter-growth-driven-by-nimiq-4-telstar-11n-services","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/telesat-third-quarter-growth-driven-by-nimiq-4-telstar-11n-services\/","title":{"rendered":"Telesat Third Quarter Growth Driven by Nimiq 4, Telstar 11N Services"},"content":{"rendered":"<p>[11-10-09] <strong>Telesat<\/strong>\u2019s launch of service on the Nimiq 4 and Telstar 11N satellites and the stronger standing of the U.S. dollar produced revenues of $187 million in the 2009 third quarter, an increase of about 9 percent from the same period in 2008, according to its financial results, released Nov. 9.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; Telesat\u2019s net income stands at $203 million, which includes a&nbsp; $35 million gain due to the sale of Telesat\u2019s interest in Telstar 10. Adjusted EBITDA for the third quarter was $129 million, an 18 percent year-over-year increase.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; Telesat President and CEO Dan Goldberg projected a positive year-end report for his company. \u201cWith the recent entry into service of Nimiq 5, Telstar 14R under construction and a recently announced new satellite, Nimiq 6, planned for Bell TV, Telesat remains well positioned for the balance of this year and beyond,\u201d Goldberg said in a statement.&nbsp; <br \/>\n&nbsp;&nbsp;&nbsp;&nbsp; In its 2009 nine-month financial results, Telesat\u2019s consolidated revenues are up $88 million to $592 million, with adjusted EBITDA up $103 million at $416 million and net income up $502 million at $351 million.<\/p>\n<h2>Related Stories-<\/h2>\n<p>\n<b class=\"titlelink\">Nimiq 5 Enters Commercial Service<\/b>&nbsp;&nbsp; \t\t\tSatellite Today&nbsp;&nbsp; \t\t\tOctober 15, 2009<br \/>\n[10-15-09] Telesat s Nimiq 5 broadcast satellite was placed into commercial service on Oct. 10, the operator announced Oct. 14. <\/p>\n<p><b class=\"titlelink\">FSS Operator CEOs Discuss Emerging Markets, Launch Services at Euroconsult<\/b>&nbsp;&nbsp;&nbsp; \t\t\tSatellite News&nbsp;&nbsp; \t\t\tSeptember 9, 2009<br \/>\n[09-09-09] CEOs of the four largest FSS operators, Intelsat, SES, Telesat and Eutelsat, discussed the state of their businesses and future growth strategies on a panel at Euroconsult s World Satellite Business Week in Paris\u2026<\/p>\n<p><b class=\"titlelink\">SS\/L Delivers Nimiq 5 to ILS<\/b>&nbsp;&nbsp; \t\t\tSatellite Today&nbsp;&nbsp; \t\t\tAugust 19, 2009<br \/>\n[08-19-09] Space Systems\/Loral (SS\/L) delivered the Nimiq 5 communications satellite to International Launch Service s (ILS) Baikonur Space Center in Kazakhstan, where it will be launched on Sept. 18, SS\/L announced Aug. 18. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>[11-10-09] Telesat\u2019s launch of service on the Nimiq 4 and Telstar 11N satellites and the stronger standing of the U.S. dollar produced revenues of $187 million in the 2009 third quarter, an increase of about 9 percent from the same period in 2008, according to its financial results, released Nov. 9. &nbsp;&nbsp;&nbsp;&nbsp; Telesat\u2019s net income [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","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-88110","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/88110"}],"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=88110"}],"version-history":[{"count":1,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/88110\/revisions"}],"predecessor-version":[{"id":88139,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/88110\/revisions\/88139"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=88110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=88110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=88110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}