Canadian company Telesat is being seen as a rival to Elon Musk's SpaceX as both race to create low-Africa orbit satellite constellations that will bring broadband internet coverage to underserved areas of the world. Telesat is targeting rural Canada as well as the global market, and aims to improve connections for mobile network operators and telcos, and enhance broadband connectivity for the airline and maritime industries among others. The company reported revenues of slightly more than CAD900m (around $672m) in 2018.
Canadian company Telesat is being seen as a rival to Elon Musk's SpaceX as both race to create low-Earth orbit satellite constellations that will bring broadband internet coverage to underserved areas of the world. Telesat is targeting rural Canada as well as the global market, and aims to improve connections for mobile network operators and telcos, and enhance broadband connectivity for the airline and maritime industries among others. The company reported revenues of slightly more than CAD900m (around $672m) in 2018.