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Telesat secures global infrastructure agreement for Lightspeed satellite network

On Sept. 15, 2026, BLG advised Telesat LEO ULC, a subsidiary of Telesat Corporation, on a master services agreement with SatPort Infrastructure to construct and manage terrestrial landing facilities worldwide.

Backed by global investment firm EQT, SatPort operates a carrier-neutral platform that will integrate the Telesat Lightspeed constellation with global terrestrial data systems.

The agreement’s framework transitions the terrestrial infrastructure buildout from an upfront capital investment to a predictable operational expense model. Under this structure, Telesat retains full operational control and ownership of all network components.

Read the news release: Telesat and SatPort Infrastructure sign global build-to-suit agreement to expand Telesat Lightspeed ground network.

The BLG team included Doug Sanders, Gus Karantzoulis, Randy Morphy, Gautam Dhillon and Paul Murray.