Until February 1979, Telesat had a legal monopoly on earth stations in Canada: any entity wishing send or receive satellite signals had to sign a long-term lease with Telesat for an earth station; contracts for such leases were still enforced after the monopoly was ended.
On November 17, 2010: Telesat Holdings Inc. hired JPMorgan Chase & Co., Morgan Stanley and Credit Suisse Group AG to start a formal sales process and offer so-called staple financing to interest buyers for $6 billion to $7 billion [REF].