Ottawa spending $600 million for access to Telesat’s low-Earth orbit constellation


    The company’s planned 300-satellite network will allow internet service providers (ISPs) to sell high-speed broadband to customers in rural and remote areas of the country. The federal government will pay out the money over 10 years from the $1.7-billion Universal Broadband Fund, announced in the 2019 budget. The company will also receive $85 million from the Strategic Innovation Fund for a $480-million project to develop components for the satellites. (The Logic)

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