Daniel Goldberg Telesat
Daniel Goldberg.

PARIS — Satellite fleet operator Telesat on May 6 reported lower revenue but higher profitability for the three months ending March 31 compared to the same period a year ago, saying both lines would have shown better numbers but for the U.S. dollar’s drop in value against the Canadian dollar.

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Peter B. de Selding was the Paris Bureau Chief for SpaceNews.