Adjusted EBITDA to be between C$170 million and C$190 million on a consolidated basis. This reflects LEO operating expenses of between C$110 million and C$120 million, an increase from 2024 of between C$38 million and C$48 million; and Capital expenditures to be in the range of C$900 million to C$1,100 million, virtually all of which is related to Telesat (TSAT) Lightspeed.
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Read More on TSAT:
- Telesat Corp Reports 2024 Financial Results and Advances LEO Program
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- TSAT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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- Telesat, Orange sign multi-year partnership for Lightspeed LEO service
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