6. SEGMENT INFORMATION
Telesat operates in a single reportable industry segment, in which it provides satellite-based services to its broadcast, enterprise and consulting customers around the world.
The Company derives revenue from the following services:
| ● | Broadcast — Direct-to-home television, video distribution and contribution, and occasional use services. |
| ● | Enterprise — Telecommunication carrier and integrator, government, consumer broadband, resource, maritime and aeronautical, retail and satellite operator services. |
| ● | Consulting and other — Consulting services related to space and earth segments, government studies, satellite control services, and research and development. |
Revenue derived from the above services were as follows:
| Years ended December 31, | 2017 | 2016 | 2015 | |||||||||
| Broadcast | $ | 472,751 | $ | 486,434 | $ | 492,633 | ||||||
| Enterprise | 430,343 | 420,138 | 434,555 | |||||||||
| Consulting and other | 24,313 | 24,282 | 27,719 | |||||||||
| Revenue | $ | 927,407 | $ | 930,854 | $ | 954,907 | ||||||
Geographic Information
Revenue by geographic regions was based on the point of origin of the revenue, which was the destination of the billing invoice, and was allocated as follows:
| Years ended December 31, | 2017 | 2016 | 2015 | |||||||||
| Canada | $ | 415,575 | $ | 426,193 | $ | 431,005 | ||||||
| United States | 311,159 | 319,473 | 322,679 | |||||||||
| Europe, Middle East & Africa | 80,532 | 64,624 | 84,877 | |||||||||
| Latin America & Caribbean | 78,921 | 83,244 | 88,794 | |||||||||
| Asia & Australia | 41,220 | 37,320 | 27,552 | |||||||||
| Revenue | $ | 927,407 | $ | 930,854 | $ | 954,907 | ||||||
The Company’s satellites are in geosynchronous orbit. For disclosure purposes, the satellites, and the intangible assets have been classified based on ownership. Satellites, property and other equipment, and intangible assets by geographic regions were allocated as follows:
| As at December 31, | 2017 | 2016 | ||||||
| Canada | $ | 976,349 | $ | 1,152,337 | ||||
| Europe, Middle East & Africa | 693,903 | 620,219 | ||||||
| United States | 118,512 | 139,064 | ||||||
| All others | 3,083 | 3,791 | ||||||
| Satellites, property and other equipment | $ | 1,791,847 | $ | 1,915,411 | ||||
| As at December 31, | 2017 | 2016 | ||||||
| Canada | $ | 734,061 | $ | 744,150 | ||||
| United States | 39,190 | 42,471 | ||||||
| Latin America & Caribbean | 30,510 | 35,736 | ||||||
| All others | 9,234 | 10,155 | ||||||
| Intangible assets | $ | 812,995 | $ | 832,512 | ||||
Other long-term financial assets and other long-term assets by geographic regions were allocated as follows:
| As at December 31, | 2017 | 2016 | ||||||
| Canada | $ | 72,395 | $ | 25,176 | ||||
| Europe, Middle East & Africa | 8,059 | 8,764 | ||||||
| All others | 3,077 | 1,747 | ||||||
| Other long-term financial assets | $ | 83,531 | $ | 35,687 | ||||
| As at December 31 | 2017 | 2016 | ||||||
| Canada | $ | 2,885 | $ | 3,372 | ||||
| Europe, Middle East & Africa | 171 | 443 | ||||||
| Other long-term assets | $ | 3,056 | $ | 3,815 | ||||
Goodwill was not allocated to geographic regions.
Major Customers
For the years ended December 31, 2017, 2016 and 2015, there were three significant customers each representing more than 10% of consolidated revenue.