Satellite fleet operator AsiaSat of Hong Kong reported a 6 percent increase in revenue for 2017, bolstering the company’s claim that Asia’s demand for broadcast and connectivity services is strong enough to gradually overcome a regional oversupply of satellite capacity.
International Launch Services completed its third and final 2017 commercial Proton mission today, launching the AsiaSat-9 telecommunications satellite from the Baikonur Cosmodrome.
Hong Kong-based fleet operator AsiaSat will soon order a “modest”-size high-throughput satellite (HTS) that will leverage the company’s access to the Chinese market, Barrie Woolston, AsiaSat’s chief commercial officer, said Sept. 14.
Israeli satellite operator Spacecom has begun offering telecom services with a satellite it borrowed from AsiaSat in December to fill the void left by the loss of Amos-6, the operator said today.
Satellite fleet operator AsiaSat of Hong Kong on Aug. 17 reported flat revenue for the six months ending June 30 despite increased business in China following Chinese government regulatory approvals.
Satellite fleet operator AsiaSat on March 16 reported lower revenue for 2015 and told investors to expect more heavy weather this year as the regional bandwidth-capacity glut continues to force down transponder prices.
Asian satellite fleet operators on Oct. 27 said their market faces the dual challenge of a slow-growing demand for traditional satellite applications and a still-growing number of national operators whose governments care about flags in space and not about market economics.
AsiaSat blamed market conditions and slow licensing approvals for two new satellites for an 8 percent sales drop for the six months ending June 30.
Asian satellite fleet operators spent much of the first half of the CASBAA Satellite Industry Forum worrying about a growing overcapacity in their region.
AsiaSat reported a 9 percent drop in revenue and a 27 percent drop in new and renewal contracts in 2014, saying declining military sales and a regional oversupply are putting downward pressure on transponder-lease prices.
SpaceX launched two telecommunications satellites destined for geostationary orbit — the first dual-geostationary launch for Falcon 9, which inaugurated a new all-electric satellite design from Boeing.
Cut-rate rides on SpaceX Falcon 9 rockets lured them back to the Cape Canaveral spaceport.