Telesat ended 2012 with revenue of about $830 million, a...
Telesat ended 2012 with revenue of about $830 million, a 5 percent increase from 2011. Revenue growth was partly due to the deployment of the Nimiq 6 satellite in Q2 2012 and “a full year of revenue from the Canadian…
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payload on the ViaSat-1 satellite,” it said in a press release (http://bit.ly/YdBFnY). Revenue increased 11 percent to about $223 million for the three-month period ending Dec. 31, it said. Operation expenses rose to nearly $60 million, a $12 million increase from 2011, it said. The increase was primarily due to increased equipment sales costs, special compensation payments and “an increase in revenue-related expenses associated with the lease of transponders on Nimiq 1,” Telesat said.