Canada said it will loan Telesat, an Ottawa-based satellite communications firm, C$790 million, while purchasing C$650 million in preferred stock in the LEO unit, called Telesat Lightspeed. Canada will also receive warrants that can be exchanged for common shares in Telesat.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2XeUZuI
Thursday, August 12, 2021
Telesat closer to financing satellite network after Canada investment
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