FCC Grants U.S. Market Access to Telesat for Its Global, Low Earth Orbit (LEO) Satellite Constellation – Start of Telesat ...
November 07 2017 - 7:00AM
Last week the U.S. Federal Communications Commission (FCC) took
bold action toward improving the availability of cost effective,
fiber-like connectivity, both in the U.S. and worldwide. In a
significant ruling, the FCC granted Telesat’s petition to access
the U.S. market using Telesat’s soon to be deployed global LEO
satellite constellation.
Telesat has obtained worldwide rights to the use of
approximately 4 GHz of Ka-band spectrum for its LEO system, which
is ideal for high-performing broadband satellite networks. Telesat
has a long record of industry firsts that have brought major
satellite innovations to market and the company’s LEO constellation
will be another achievement that transforms global communications.
Telesat’s LEO system will both enable and accelerate the world’s
digital transformation by providing high-performing,
cost-effective, fiber-like broadband anywhere in the world for
business, government and individual users. The initial
constellation will consist of around 120 satellites by 2021 and
Telesat is evaluating options to expand its system beyond the
initial deployment. Telesat is launching two Phase 1 LEO satellites
later this year.
“The FCC’s grant of Telesat’s application for U.S. market access
is an important milestone in our plan to deploy an advanced, high
capacity, low latency LEO constellation,” said Dan Goldberg,
President and CEO of Telesat. “Telesat applauds the FCC’s ruling,
which will bring manifold benefits to the U.S. market including
improved access to the Internet as well as the potential to enhance
opportunities for U.S. workers and consumers, U.S. industry and the
U.S. technology base. Next generation LEO satellite constellations
have great promise for erasing the digital divide and Telesat
encourages the FCC, as it reviews its spectrum allocation policies,
to ensure that satellite operators have sufficient access to the
spectrum necessary to deliver on that promise.”
About Telesat (www.telesat.com)Telesat is a
leading global satellite operator, providing reliable and secure
satellite-delivered communications solutions worldwide to
broadcast, telecom, corporate and government customers.
Headquartered in Ottawa, Canada, with offices and facilities around
the world, the company’s state-of-the-art fleet consists of 15
satellites, the Canadian payload on ViaSat-1, and two new
satellites under construction. An additional two satellites are now
being readied for launch into low earth orbit (LEO) as part of
Telesat’s plans to deploy an advanced, global LEO satellite
constellation offering low latency, high throughput broadband
services. Telesat also manages the operations of additional
satellites for third parties. Privately held, Telesat’s principal
shareholders are Canada’s Public Sector Pension Investment Board
and Loral Space & Communications Inc. (NASDAQ:LORL).
Forward-Looking Statements Safe HarborThis news
release contains statements that are not based on historical fact
and are ‘‘forward-looking statements’’ within the meaning of the
Private Securities Litigation Reform Act of 1995. When used in this
news release, the words “will”, “soon”, “beyond”, “plan”,
“potential”, “promise” or other variations of these words or other
similar expressions are intended to identify forward-looking
statements and information. Actual results may differ materially
from the expectations expressed or implied in the forward-looking
statements as a result of known and unknown risks and
uncertainties. Detailed information about some of the known risks
and uncertainties is included in the “Risk Factors” section of
Telesat Canada’s Annual Report on Form 20-F for the fiscal year
ended December 31, 2016 which can be obtained on the SEC website at
http://www.sec.gov. Known risks and uncertainties include but are
not limited to: risks associated with operating satellites and
providing satellite services, including satellite construction or
launch delays, launch failures, in-orbit failures or impaired
satellite performance, volatility in exchange rates and risks
associated with domestic and foreign government regulation. The
foregoing list of important factors is not exhaustive. The
information contained in this news release reflects Telesat’s
beliefs, assumptions, intentions, plans and expectations as of the
date of this news release. Except as required by law, Telesat
disclaims any obligation or undertaking to update or revise the
information herein.
For further information:
Gerry
Nagler, Telesat +1 908 470-4907 (gnagler@telesat.com)
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