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Stocks in play: Telesat
Announced the acquisition of land in Estevan, Saskatchewan and Papineauville, Quebec, and the lease of land in Shaunavon, Saskatchewan. These sites will host new landing stations that will route data between the Telesat Lightspeed Low Earth Orbit satellite network and major fibre and internet exchange points. The geographically diverse locations enhance network resiliency and performance for the satellite network. Telesat shares T.TSAT are trading down $0.64 at $44.62.
