Telesat sells interest in Telstar 10 (Apstar IIR)
Submit on Wednesday, June 3rd, 2009 05:55
Telesat Canada said it agreed to relinquish its leasehold interest in Telstar 10 (also known as Apstar IIR) to APT Satellite Company Limited, the satellite’s owner, and to transfer related customer contracts, for a total consideration of US$69.5 million, subject to adjustment.
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