Asia-Pacific
KT Sat aims to nearly triple revenue by 2025
With a comfortable business supporting 4.4 million television subscribers for parent company KT Corp., the largest telco in South Korea, KT Sat hasn’t been very aggressive in pursuing new sources of revenue. That is changing.
Indonesia seeking industry partner for 150 Gbps national HTS project
The government of Indonesia aims to team up with a satellite operator to build, launch and operate a high-throughput satellite to bring internet access to unreached parts of the island nation.
Asian satellite operators worried U.S. C-band debate will affect their markets
Satellite operators in Asia say the debate over C-band in the United States is triggering similar discussions in their markets, causing concern that cellular operators could end up in control of the spectrum in other parts of the world.
Amid tensions in Asia-Pacific, State Dept. calls attention to big-ticket sales of U.S. missiles, aircraft to Japan, South Korea
From 2000 to 2017, the U.S. government contracted more than $26 billion in foreign military sales to the Republic of Korea, including advanced combat aircraft and missile defense systems.
AsiaSat CEO Andrew Jordan stepping down
Andrew Jordan, chief executive of regional fleet operator AsiaSat, resigned April 16 a year and a half after taking the position.
Thaicom hires new CEO
Thai satellite operator Thaicom on March 29 appointed Anant Kaewruamvongs to succeed Paiboon Panuwattanawong as chief executive May 1.
AsiaSat “cautiously optimistic” as revenues rebound
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.
Thaicom reports sharp revenue decline, blames weak broadcast market
Satellite fleet operator Thaicom’s revenue fell by $60 million last year, a nearly 23 percent decline the regional operator blamed on a slowdown in Thailand’s broadcast sector.
AsiaSat warns of major profit shortfall
Hong Kong-based satellite fleet operator AsiaSat warned investors that it is expecting a 28 percent drop in profit for the first half of 2017 due to a trio of losses on top of a steep competition in a highly competitive regional market.
Asian TV broadcasters say satellite DTH remains their preferred platform
Television broadcasters in Asia on Oct. 4 said their linear-TV business is not under immediate threat from over-the-top (OTT) Internet delivery services such as Netflix and Hulu.
Market Conditions, Regulatory Issues Crimp AsiaSat Sales
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.
