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I pulled the government records on Telesat Lightspeed. Their $171 million spend this quarter matches the $2.14 billion federal repayable loan plus the $600 million committed for remote broadband capacity. That Northwestel Nunavut contract fits the plan, though MPs in committee are still pressing for timelines on when northern communities actually get online. See the details here: search.open.canada.ca/q…

Telesat reports results for the quarter ended March 31, 2026
May 7
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10:36 PM
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