Asiasat

Spacecom extends AsiaSat satellite leasing deal
Israeli fleet operator Spacecom has secured an extension to use AsiaSat-8 until 2024, filling a coverage gap left by the loss of its Amos-6 satellite in 2016.

AsiaSat plays waiting game on next-gen high-throughput satellite
“I’m glad that we didn’t jump into AsiaSat-10 two years ago, otherwise I would have a satellite that is not very economical,” Tong said Sept. 9 at the World Satellite Business Week conference here.

Asian satellite operators seeking diversification, say raw bandwidth sales not enough
Selling satellite capacity to television broadcasters and broadband network operators is no longer sufficient to support growth, according to several Asia-Pacific satellite operators.

AsiaSat shareholders accept privatization offer
Shareholders of Hong Kong satellite operator AsiaSat voted overwhelmingly in favor of privatization, setting the company on a course to delist from the Hong Kong stock exchange on Sept. 5.

AsiaSat’s largest shareholders move to take operator private
CITIC Group and The Carlyle Group, operating through subsidiaries, proposed June 24 to pay 1.022 billion Hong Kong dollars ($130.8 million) to buy the 25.57 percent of shares they don’t already own.

AsiaSat revenue up, but regional C-band pressure mounting
Hong Kong-based fleet operator AsiaSat reported a third year of increased revenue, but warned that the C-band spectrum it uses for television broadcasts is now under threat in several of its markets.

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.

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.

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.

ILS Proton launches AsiaSat-9, completes 2017 commercial manifest
International Launch Services completed its third and final 2017 commercial Proton mission today, launching the AsiaSat-9 telecommunications satellite from the Baikonur Cosmodrome.

AsiaSat planning small HTS satellite to cover China
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.

ILS Proton to launch AsiaSat-9 on Sept. 28
Hong Kong-based satellite fleet operator AsiaSat said July 31 that its next satellite will launch Sept. 28 on a Proton rocket from the Baikonur Cosmodrome in Kazakhstan.

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.

Spacecom begins service with a borrowed satellite rebranded Amos-7
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.

Spacecom reports lull in talks with Chinese buyer
Israeli satellite operator Spacecom says efforts to sell itself to a Chinese company have stalled in recent weeks

AsiaSat reports flat revenue but uptick in Chinese mainland business
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.

AsiaSat says pricing pressure now coming from all fronts
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 Bemoan Slowing Demand, Government Competition
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.

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.

‘Winter is Coming’ for Asian Satellite Operators as Capacity Outpaces Demand
Asian satellite fleet operators spent much of the first half of the CASBAA Satellite Industry Forum worrying about a growing overcapacity in their region.