Northern Sky Research

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Archive: March 2012 (X)

  • Amidst the trends of military budget cuts and troop withdrawals, one region is unquestionably on the rise for military satcom demand: Asia.  With China as the lead player and with numerous potential flashpoints on the horizon, this region is now the focus of a new “pivot strategy” from the U.S. Military.China RisingChina’s continued spending patterns, which have been at double-digit levels over the past two decades, will likely lead to a rise in space-based capabilities, specifically…

  • Telesat’s Debt Roller Coaster

    Mar 6th, 2012 by NSR

    In early March 2012, news broke that Telesat would be seeking $2.55 billion in new loans. The majority of the loans would be used for refinancing existing debt; however, the company also announced that it would pay a $705 million “special dividend” to its shareholders, primarily Loral Space & Communications and the Public Sector Pension Investment Board of Canada. This is a reversal of management statements from 2011, following calling off attempts to sell the company, that the Telesat…