Telesat Corporation Transfers Majority Stake in Telesat Lightspeed to Wholly-Owned Subsidiary

Reuters2025-09-13

Telesat Corporation has completed the distribution of 62% of the equity of its Telesat Lightspeed business to an indirect subsidiary. This subsidiary is wholly-owned by Telesat Canada's parent entities and is a non-guarantor under Telesat Canada's debt documents.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Telesat Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9528421-en) on September 12, 2025, and is solely responsible for the information contained therein.

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