tiprankstipranks
Trending News
More News >

Telesat LEO services selected by Arabsat

Telesat (TSAT) announced the companies have successfully negotiated and signed a Term Sheet for a multi-Gbps capacity pool of Telesat Lightspeed connectivity services. The companies executed the agreement today during a signing ceremony at the CABSAT 2025 event in Dubai. Building on the Memorandum of Understanding signed in 2024, this agreement establishes the negotiated framework for Arabsat’s integration of Telesat Lightspeed Low Earth Orbit, LEO, services, backed by Committed Information Rates and Service Level Agreements, into its multi-orbit satellite ecosystem, ensuring robust and seamless broadband connectivity solutions tailored for enterprise, telecom, government, and mobility sectors. The parties expect to conclude definitive agreements by December 2025.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue