Puneet Varma

AsiaSat

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Website  www.asiasat.com
Headquarters  Hong Kong
Founded  February 1988
AsiaSat wwwasiasatcomhkthemescustomasiasatassetsbu
Industry  Satellite communication
CEO  William Wade (1 Aug 2010–)
Stock price  1135 (HKG) HK$ 9.50 0.00 (0.00%)24 Feb, 4:00 PM GMT+8 - Disclaimer
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Asiasat 8 successfully launched


Asia Satellite Telecommunications Co. Ltd. (commonly AsiaSat, SEHK: 1135) is a commercial operator of communication spacecraft. AsiaSat is based in Hong Kong with two major shareholders, CITIC (34.8 per cent) and Carlyle Asia Partners IV, L.P. (34.1 per cent).

Contents

Proton rocket launches asiasat 5 satellite from baikonur


History

In December 2013, AsiaSat commissioned AsiaSat 9—to be built by Space Systems/Loral—originally intending it to be launched in Q2 2017 in order to replace AsiaSat4 at 122 degrees east.

In early 2015, AsiaSat reported a nine percent revenue drop, and a 27 percent drop in contracts, pointing to a regional oversupply of satellite communication services in the Asian regions it serves. At that time, AsiaSat had four commsats in operation and had recently launched two more—AsiaSat 6 and AsiaSat8—which had added 22 percent additional bandwidth capacity into the shrinking market. Although revenues were down just nine percent—to HK$1365 billion—2014 profits declined by 25 percent over 2013, to HK$559 million.

Launch history and future plans

This is a list of AsiaSat satellites, both launched and planned for future launch.

References

AsiaSat Wikipedia


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