2024 Financial Outlook
(assumes an average foreign exchange rate of US$1=C$1.35)
For 2024, Telesat continues to expect full year:
- Revenues to be between $545 million and $565 million;
- Adjusted EBITDA1 to be between $340 million and $360 million, which reflects Telesat Lightspeed operating expenses of between $80 million and $90 million; and
- Cash flows used in investing activities to be in the range of $1,000 million to $1,400 million, which is nearly all related to expected Telesat Lightspeed capital expenditures.