ADN Telecom signs multi-year Telesat Lightspeed partnership agreement
Telesat (NASDAQ/TSX: TSAT) and ADN Telecom have entered into a multi-year partnership agreement to deliver Telesat Lightspeed low earth orbit (LEO) connectivity solutions across Bangladesh and South Asia. The partnership will enable ADN Telecom to leverage Telesat's Smart Virtual Network Operator capability to provide connectivity solutions for enterprise, maritime, and government customers.
The fully funded Telesat Lightspeed constellation will begin satellite launches in the second half of 2026, with ADN Telecom commencing full-time services in late 2027. The service will feature industry-leading committed information rates and guaranteed SLAs. ADN Telecom will participate in early field trial testing of the services.
The MEF 3.0 standards-based LEO services will integrate with ADN's terrestrial network to expand their service reach in Bangladesh and internationally. Both companies will collaborate to secure local regulatory approvals for Telesat Lightspeed services in Bangladesh.
Telesat (NASDAQ/TSX: TSAT) e ADN Telecom hanno stipulato un accordo di partnership pluriennale per fornire soluzioni di connettività a bassa orbita terrestre (Telesat Lightspeed) in Bangladesh e nel Sud Asia. Questa collaborazione permetterà ad ADN Telecom di sfruttare la capacità di Operatore Virtuale di Rete Intelligente di Telesat per offrire soluzioni di connettività a clienti aziendali, marittimi e governativi.
La costellazione di Telesat Lightspeed, completamente finanziata, inizierà i lanci dei satelliti nella seconda metà del 2026, con ADN Telecom che avvierà i servizi a tempo pieno entro la fine del 2027. Il servizio presenterà tassi di informazione impegnati leader del settore e SLA garantiti. ADN Telecom parteciperà a test preliminari sul campo dei servizi.
I servizi LEO basati sugli standard MEF 3.0 si integreranno con la rete terrestre di ADN per espandere la loro portata di servizio in Bangladesh e a livello internazionale. Entrambe le aziende collaboreranno per ottenere le approvazioni normative locali per i servizi Telesat Lightspeed in Bangladesh.
Telesat (NASDAQ/TSX: TSAT) y ADN Telecom han firmado un acuerdo de asociación a varios años para ofrecer soluciones de conectividad de baja órbita terrestre (Telesat Lightspeed) en Bangladesh y el Sur de Asia. Esta asociación permitirá a ADN Telecom aprovechar la capacidad de Operador Virtual de Red Inteligente de Telesat para proporcionar soluciones de conectividad a clientes empresariales, marítimos y gubernamentales.
La constelación de Telesat Lightspeed, completamente financiada, comenzará los lanzamientos de satélites en la segunda mitad de 2026, con ADN Telecom iniciando servicios a tiempo completo a finales de 2027. El servicio contará con tasas de información comprometidas líderes en la industria y SLA garantizados. ADN Telecom participará en pruebas de campo iniciales de los servicios.
Los servicios LEO basados en estándares MEF 3.0 se integrarán con la red terrestre de ADN para ampliar su alcance de servicio en Bangladesh y a nivel internacional. Ambas compañías colaborarán para asegurar las aprobaciones regulatorias locales para los servicios Telesat Lightspeed en Bangladesh.
텔레샛 (NASDAQ/TSX: TSAT)과 ADN 텔레콤은 방글라데시 및 남아시아 전역에 텔레샛 라이트스피드 저궤도(LEO) 연결 솔루션을 제공하기 위한 다년간의 파트너십 계약을 체결했습니다. 이 파트너십을 통해 ADN 텔레콤은 텔레샛의 스마트 가상 네트워크 운영자 기능을 활용하여 기업, 해양 및 정부 고객을 위한 연결 솔루션을 제공할 수 있게 됩니다.
완전히 자금이 지원되는 텔레샛 라이트스피드 별자리는 2026년 하반기에 위성 발사를 시작하며, ADN 텔레콤은 2027년 말에 본격적인 서비스를 시작할 예정입니다. 이 서비스는 업계 최고의 정보 전송 속도와 보장된 SLA를 특징으로 합니다. ADN 텔레콤은 서비스의 초기 현장 시험 테스트에 참여할 것입니다.
MEF 3.0 표준 기반의 LEO 서비스는 ADN의 육상 네트워크와 통합되어 방글라데시 및 국제적으로 서비스 범위를 확장합니다. 두 회사는 방글라데시에서 텔레샛 라이트스피드 서비스에 대한 현지 규제 승인을 확보하기 위해 협력할 것입니다.
Telesat (NASDAQ/TSX: TSAT) et ADN Telecom ont conclu un accord de partenariat pluriannuel pour fournir des solutions de connectivité en orbite basse terrestre (Telesat Lightspeed) à travers le Bangladesh et le Sud de l'Asie. Ce partenariat permettra à ADN Telecom de tirer parti de la capacité d'Opérateur de Réseau Virtuel Intelligent de Telesat pour offrir des solutions de connectivité aux clients d'entreprise, maritimes et gouvernementaux.
La constellation Telesat Lightspeed, entièrement financée, commencera les lancements de satellites dans la deuxième moitié de 2026, avec ADN Telecom lançant des services à temps plein fin 2027. Le service proposera des taux d'information engagés parmi les meilleurs du secteur et des SLA garantis. ADN Telecom participera aux premiers essais sur le terrain des services.
Les services LEO basés sur les normes MEF 3.0 s'intégreront au réseau terrestre d'ADN pour étendre leur portée de service au Bangladesh et à l'international. Les deux entreprises collaboreront pour obtenir les approbations réglementaires locales pour les services Telesat Lightspeed au Bangladesh.
Telesat (NASDAQ/TSX: TSAT) und ADN Telecom haben eine mehrjährige Partnerschaftsvereinbarung geschlossen, um Telesat Lightspeed Lösungen für die Niedrigerdorbit-Verbindung (LEO) in Bangladesch und Südasien anzubieten. Diese Partnerschaft ermöglicht es ADN Telecom, die Smart Virtual Network Operator-Funktion von Telesat zu nutzen, um Verbindungslösungen für Unternehmens-, Maritime- und Regierungs-Kunden bereitzustellen.
Die vollständig finanzierte Telesat Lightspeed-Konstellation wird in der zweiten Hälfte des Jahres 2026 mit dem Start von Satelliten beginnen, während ADN Telecom Ende 2027 mit dem Vollzeitbetrieb beginnen wird. Der Service wird branchenführende garantierte Informationsraten und SLA bieten. ADN Telecom wird an frühen Feldversuchen der Dienste teilnehmen.
Die auf den MEF 3.0 Standards basierenden LEO-Dienste werden mit dem terrestrischen Netzwerk von ADN integriert, um deren Service-Reichweite in Bangladesch und international zu erweitern. Beide Unternehmen werden zusammenarbeiten, um die lokalen behördlichen Genehmigungen für die Telesat Lightspeed-Dienste in Bangladesch zu sichern.
- Multi-year partnership agreement secures long-term revenue stream
- Expansion into Bangladesh and South Asia markets
- Fully funded constellation project demonstrates financial stability
- Integration with existing terrestrial network infrastructure enhances service capabilities
- Services won't commence until late 2027, indicating a long revenue generation timeline
- Partnership subject to pending regulatory approvals in Bangladesh
Insights
Telesat's partnership with ADN Telecom represents strategic positioning as they prepare for their Telesat Lightspeed LEO constellation deployment. The agreement secures a distribution partner in Bangladesh and South Asia before satellites are even launched - scheduled to begin in H2 2026. This demonstrates commercial validation for Telesat's technology approach and business model.
The Smart Virtual Network Operator capability being provided to ADN is technically significant, allowing them to independently manage network resources and customize solutions for enterprise customers. This differentiates Telesat's offering from consumer-focused LEO competitors by emphasizing enterprise-grade capabilities and MEF 3.0 standards compliance.
ADN's commitment to participate in early field trials provides Telesat with valuable testing opportunities in real-world conditions. This helps mitigate technical risk before full commercial launch in late 2027. The fully-funded status of the constellation mentioned in the announcement offers reassurance on the capital-intensive deployment timeline.
While this partnership validates market interest in Telesat's approach, the extended timeline until service commencement in 2027 means any revenue impact remains years away. The agreement's structure resembles typical wholesale satellite capacity models but with enhanced management capabilities through the VNO functionality.
This multi-year partnership gives Telesat entry into the Bangladesh telecommunications market through an established local provider. ADN Telecom's statement that they conducted a "thorough review of next-generation satellite technologies" before selecting Telesat suggests the Lightspeed network offered compelling differentiation against competing LEO constellations.
The agreement follows a wholesale model where Telesat provides satellite capacity and technology while ADN manages customer relationships and service delivery. The mention of collaborative regulatory approval work highlights the importance of local market expertise in navigating telecommunications regulations across different jurisdictions.
From a business perspective, securing service agreements before satellite deployment helps Telesat demonstrate commercial traction to investors and partners. However, without disclosed financial terms, minimum commitments, or exclusivity clauses, the revenue impact remains uncertain.
The extended timeline - with service commencement in late 2027 - means this partnership won't contribute to Telesat's financial performance in the near term. This represents incremental progress in Telesat's commercialization strategy rather than a transformative development. The focus on enterprise, maritime, and government customers aligns with Telesat's targeting of higher-value market segments where service quality and reliability can command premium pricing.
OTTAWA, Ontario and DHAKA, Bangladesh, March 25, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and ADN Telecom Limited (DSE & CSE: ADNTEL), a leading telecommunications company, providing the latest digital communications and satellite services in Bangladesh, signed and jointly announced today a multi-year partnership to deliver Telesat Lightspeed low earth orbit (LEO) connectivity solutions across Bangladesh and South Asia.
Leveraging over 55 years of satellite operations and engineering excellence, Telesat designed its state-of-the-art LEO network to meet the resilient, mission-critical connectivity requirements of telecom, enterprise and government customers. The fully funded Telesat Lightspeed constellation is well underway, with the first satellite launches beginning in the second half of next year.
Through this partnership, Telesat will provide Telesat Lightspeed services and a Smart Virtual Network Operator (VNO) capability for ADN Telecom to manage and deliver innovative, customized connectivity solutions for their enterprise, maritime and government customers. ADN Telecom will participate in early field trial testing of Telesat Lightspeed services and commence full-time services in late 2027 with industry-leading committed information rates and guaranteed SLAs.
“We are honored to be selected by ADN Telecom to provide multi-Gbps connectivity and unique service advantages to enhance their operations and drive profitable, long-term growth,” said Glenn Katz, Telesat’s Chief Commercial Officer. “Our MEF 3.0 standards-based LEO services will be seamlessly integrated with ADN's terrestrial network to expand the reach of their offerings in Bangladesh and internationally.”
“Integrating the highly advanced Telesat Lightspeed enterprise-class LEO network capabilities into our leading service offerings is another example of our commitment to delivering innovative technologies to help our customers thrive,” stated Asif Mahmood, Chairman of ADN Telecom Limited. “After a thorough review of next-generation satellite technologies, we believe the Telesat Lightspeed services will provide the most flexible, secure and resilient architecture to power our future offerings.”
Telesat and ADN Telecom will work collaboratively to secure local regulatory approvals for Telesat Lightspeed services in the country.
About Telesat
Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (NASDAQ and TSX: TSAT) is one of the largest and most innovative global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world’s most complex communications challenges, providing powerful advantages that improve their operations and drive profitable growth.
Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company’s state-of-the-art Low Earth Orbit (LEO) satellite network, has been optimized to meet the rigorous requirements of telecom, government, maritime and aeronautical customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity, secure and resilient links with fibre-like speeds. For updates on Telesat, follow us on LinkedIn, X, or visit www.telesat.com.
About ADN Telecom Limited
ADN Telecom Limited (DSE & CSE: ADNTEL), the flagship entity of ADN Group, is a pioneer in advanced telecommunications services and satellite communication in Bangladesh. ADN Telecom’s advanced infrastructure and forward-thinking technology solutions are crafted to meet the complex demands of local and international markets, with consistently connecting people and businesses through dependable and cutting-edge next-generation enterprise-class digital services and solutions.
With over 23 years of experience in innovative Telecom services , ADN Telecom serves a broad spectrum of industries and enterprises, including government agencies, defense entities, and the financial sectors. Renowned for its excellence in satellite communications and other digital solutions, the company is instrumental in developing latest digital network infrastructure delivering critical communication solutions, even in challenging terrains and during national emergencies. To learn more and stay updated on ADN Telecom, please follow us on LinkedIn, or visit https://adntel.com.bd/.
Media Contacts:
W2 Communications for Telesat
telesat@w2comm.com
Tanvir Hafiz for ADN Telecom
tanvir.hafiz@adnsl.net
Forward-Looking Statements Safe Harbor
This news release contains statements that are not based on historical fact and are “forward-looking statements’’ within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws. When used herein, statements which are not historical in nature, or which contain the words “will,” “ensures” or similar expressions, are forward-looking statements. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. All statements made in this press release are made only as of the date set forth at the beginning of this release. Telesat Corporation undertakes no obligation to update the information made in this release in the event facts or circumstances subsequently change after the date of this press release.
These forward-looking statements are based on Telesat Corporation’s current expectations and are subject to a number of risks, uncertainties and assumptions. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond Telesat Corporation’s control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. There are numerous risks and uncertainties associated with Telesat’s business and the Telesat Lightspeed constellation. Known risks and uncertainties include but are not limited to: inflation and rising interest rates; Telesat’s ability to meet the funding conditions of its funding agreements with the Government of Canada and Government of Quebec; technological hurdles, including our and our contractors’ development and deployment of the new technologies required to complete the constellation in time to meet our schedule, or at all; the availability of services and components from our and our contractors’ supply chains; competition; risks associated with domestic and foreign government regulation, including access to sufficient orbital spectrum to be able to deliver services effectively and access to sufficient geographic markets in which to sell those services; Telesat’s ability to develop significant commercial and operational capabilities; risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance; and volatility in exchange rates. The foregoing list of important factors is not exhaustive. Investors should review the other risk factors discussed in Telesat Corporation’s annual report on Form 20-F for the year ended December 31, 2023, that was filed on March 28, 2024, with the United States Securities and Exchange Commission (“SEC”) and the Canadian securities regulatory authorities at the System for Electronic Document Analysis and Retrieval (“SEDAR”), and may be accessed on the SEC’s website at https://www.sec.gov/ and SEDAR’s website at https://www.sedarplus.ca/ as well as our subsequent reports on Form 6-K filed with the SEC and also available on SEDAR.
FAQ
When will Telesat Lightspeed (TSAT) begin satellite launches for the Bangladesh partnership?
What regions will the Telesat (TSAT) and ADN Telecom partnership cover?
What types of customers will benefit from the Telesat-ADN partnership?
What technology standards will Telesat (TSAT) implement in the ADN Telecom partnership?
