Reuters • Gianluca Lo Nostro

Telesat pushes Lightspeed global service to mid-2028 as Eutelsat forecasts €10 billion from EU satellite network

Telesat’s delayed pathfinder satellites have pushed the planned start of global Lightspeed broadband service back three months, to around the end of the second quarter of 2028. Separately, Eutelsat forecasts more than €10 billion ($11.1 billion) in commercial services revenue from 2032 to 2040 as it takes a leading role in the EU’s planned Starlink alternative; Telesat also reported an 81 million revenue and a 20% year-over-year decline.