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Profile: Loral Space & Communications Inc (LORL.OQ)

LORL.OQ on NASDAQ Stock Exchange Global Select Market

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Loral Space & Communications Inc., incorporated on June 24, 2005, is a satellite communications company. The Company, through its ownership interests in affiliates, is engaged in satellite-based communications services. The Company participates in satellite services operations through its interest in Telesat Holdings Inc., which owns Telesat Canada (Telesat), a global fixed satellite services (FSS) operator, with offices and facilities around the world. Telesat offers various services, such as Broadcast, Enterprise, and Consulting and Other. As of December 31, 2016, Telesat owns and leases a satellite fleet that operates in geosynchronous earth orbit approximately 22,000 miles above the equator. The Company also holds interest in XTAR, LLC (XTAR), a joint venture between Loral and Hisdesat Servicios Estrategicos S.A. (Hisdesat). XTAR owns and operates an X-band satellite.

Broadcast

Telesat's broadcast services business includes direct to home (DTH) services; video distribution and contribution, and occasional use services. DTH consists of both Canadian DTH service providers (Bell TV and Shaw Direct) that use Telesat's satellites as a distribution platform for their services, delivering television programming, audio and information channels directly to customers' homes. In addition, Telesat's satellites are used by EchoStar/DISH Network for DTH services in the United States. Video distribution and contribution consists of broadcasters, cable networks and DTH service providers using Telesat satellites for the full-time transmission of television programming. Additionally, Telesat provides certain broadcasters and DTH service providers bundled services that include satellite capacity, digital encoding of video channels, authorization services and uplinking and downlinking services to and from Telesat satellites and earth station facilities. Occasional use services consist of satellite transmission services for the timely broadcast of video news, sports and live event coverage on a short-term basis enabling broadcasters to conduct on-the-scene transmissions using small, portable antennas.

Enterprise

Telesat's enterprise services include telecommunication carrier and integrator services; government services; Consumer broadband services; resource services; maritime and aeronautical services; retail services, and satellite operator services. Telesat provides satellite capacity and end-to-end services for data and voice transmission to telecommunications carriers and integrators located throughout the world. These services include space segment services and terrestrial facilities for broadband, Internet backhaul, cellular backhaul and services such as rural telephony to telecommunications carriers and network services integrators around the world. Telesat provides services to the United States government through government service integrators, rather than directly to the United States government agencies. Telesat is also a provider of satellite services to the Canadian government. Telesat provides Ka-band satellite capacity to customers in Canada, particularly to Xplornet Communications Inc., which uses it to provide two-way broadband Internet services. Telesat also provides Ka-band satellite capacity to ViaSat, which uses it to provide similar services in the United States.

Telesat provides communications services to geographically diverse locations, both on and off shore, for the oil and gas and mining industries. Telesat is providing satellite capacity to customers serving the maritime and aeronautical markets bringing broadband communications services to commercial airplanes and vessels. Telesat operates very small aperture terminal (VSAT) and hybrid VSAT/terrestrial networks in Canada providing end-to-end services, including installation and maintenance of the end user terminal, maintenance of the VSAT hub and provision of satellite capacity. These networks include the support of point-of-sale and other applications at thousands of retail petroleum sites. Telesat provides services to other satellite operators in the form of partial channel satellite capacity, transponder satellite capacity and, on occasion, the relocation and use of an entire satellite at a designated orbital location.

Consulting and Other

Telesat's consulting operations allow it to operating by leveraging Telesat's employees and the facility base dedicated to its core satellite communication business. Telesat is a consultant in establishing, operating and upgrading satellite systems around the world.

The Company competes with Intelsat S.A., SES S.A., Eutelsat S.A., Inmarsat, O3b, Ciel, ViaSat/WildBlue, HNS/EchoStar, Hispasat, Arabsat, Nilesat, Hellas Sat, RSCC, Yahsat, Turksat, Spacecom, AsiaSat, Measat, Thaicom, APT, PT Telkom, Optus, Asia Broadcast Satellite, Star One, Arsat and Hispamar.

Company Address

Loral Space & Communications Inc

565 5th Ave
NEW YORK   NY   10017-2413
P: +1212.6971105
F: +1302.6555049

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