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LORL Loral Space and Communications Inc

41.52
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Loral Space and Communications Inc NASDAQ:LORL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 41.52 40.60 55.10 0 01:00:00

Services Restored on Telesat’s Anik F2 Satellite

03/10/2016 5:51pm

GlobeNewswire Inc.


Loral Space and Communic... (NASDAQ:LORL)
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Telesat confirms that, following a technical anomaly that occurred on its Anik F2 satellite yesterday, customer services on Anik F2 were restored early this afternoon. The satellite is performing normally and all of its subsystems appear healthy.

Satellite anomalies like the one that affected Telesat’s Anik F2 yesterday are highly unusual. Telesat is continuing to investigate the root cause of the anomaly and will advise affected customers as more details become known.

About Telesat (www.telesat.com)Telesat is a leading global satellite operator, providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecom, corporate and government customers. Headquartered in Ottawa, Canada, with offices and facilities around the world, the company’s state-of-the-art fleet consists of 15 satellites plus the Canadian payload on ViaSat-1 with two new satellites under construction. An additional two prototype satellites are under construction and will be deployed in low earth orbit. Telesat also manages the operations of additional satellites for third parties. Privately held, Telesat’s principal shareholders are Canada’s Public Sector Pension Investment Board and Loral Space & Communications Inc. (NASDAQ:LORL).

For further information:

John Flaherty, Telesat +1 613 748-8909 (jflaherty@telesat.com)

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