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Bell Canada

CA

Bell Canada, a telecommunications company headquartered in Montreal, plays a role in the space industry primarily through its Bell Satellite TV service, providing satellite television across Canada. They utilize satellites owned by Telesat Canada to broadcast channels to over a million subscribers, competing with services like Shaw Direct. Bell Canada is also an investor in AST SpaceMobile, which is building a space-based cellular broadband network, and partners with companies like Esri to integrate geospatial data for smart city solutions.

commercial
History · 2 eventsOct 1, 2007 · Loral Space & Communications and PSP Investments acquire Telesat from Bell Canada
Canada
www.bell.ca/
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Organization history

Identity changes, mergers, acquisitions, splits, and transferred business lines.

2 events

  1. Oct 1, 2007Acquisition

    Loral Space & Communications and PSP Investments acquire Telesat from Bell Canada

    Source
    Acquired organization
    Telesat
    Seller
    Bell Canada
    Buyer
    Loral Space and Communications
    Event context

    Loral Space & Communications and Canada's Public Sector Pension Investment Board (PSP Investments) acquired Telesat from Bell Canada for US$2.8 billion, completed October 2007, with Loral holding 63% ownership. Telesat later went public on Nasdaq and the Toronto Stock Exchange in 2021.

  2. Jan 1, 1998Identity Change

    Telesat Canada privatized, sold to Bell Canada

    Source
    Predecessor
    Telesat
    Successor
    Telesat
    Buyer
    Bell Canada

    Telesat Canada, founded May 2, 1969 as a Crown corporation by Act of Parliament (launched Anik A1 in 1972, the world's first commercial domestic geostationary comsat), was privatized and sold by the Canadian federal government to Bell Canada in 1998.

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