APT Mobile Satcom is a geostationary satellite operator based in Shenzhen, China. It is a partial subsidiary of APT Satellite Hong Kong, which itself is a subsidiary of the Chinese state-owned space corporation CASC. APT Mobile launched the Apstar-6D satellite to provide Ku-band capacity to the APAC region, focusing on in-flight connectivity and maritime applications.
All verified mentions of this organization in source documents.
Neither APT Satellite nor APT Mobile SatCom Limited have announced additional satellite orders for the planned global Ku-band system.
The Xichang Satellite Launch Center is preparing to launch the Apstar-6D communications satellite for APT Satellite on a Long March 3B rocket around 2020-07-10.
Profits attributable to APT Satellite shareholders fell 28.5% in 2019 to 362.3 million Hong Kong dollars (approximately $46,700,000).
APT Satellite operates a five-satellite fleet serving markets in Southeast Asia.
APT Satellite's revenue 2019-12-14% in 2019 compared with the prior year.
Bangabandhu-1 and PSN-6 added C- and Ku-band capacity over markets served by APT Satellite.
APT Satellite's 2019 revenue was 1.06 billion Hong Kong dollars (approximately $137,000,000).
Apstar-6D from APT Mobile Satcom is the first satellite in Panasonic Avionics’ XTS service and is expected to launch in 2020.
APT Satellite is expanding its data center and teleport business into other countries to provide services to local governments.
APT Satellite has established small operating companies in Malaysia and Indonesia to work with local service providers on vertically integrated offerings.
APT Satellite operates a data center in Hong Kong to complement its satellite communications business.
APT Satellite secured a revolving loan facility from China Construction Bank worth up to HK$100,000,000 but had not used any of the credit line as of 2019-06-30.
APT Satellite reported a 9.4% decrease in revenue for the first six months of 2019, with revenue of HK$565,000,000 (US$72,000,000) for the six months ended 2019-06-30.
APT Satellite paid off a 2016 loan worth HK$427,300,000 and had no outstanding borrowings net of unamortized finance cost as of 2019-06-30.
APT Satellite committed to spending 600 million yuan for a 30% equity stake in APT Mobile, which is headquartered in Shenzhen, mainland China.
APT Satellite collected HK$128,700,000 (US$16,500,000) in insurance payments last year and another HK$34,300,000 (US$4,400,000) as of 2019-06-30.
Apstar-6D was ordered in 2016 as the first in a series of three satellites intended to provide global services through a new company called APT Mobile.
APT Satellite operates four spacecraft not counting Apstar-6, and two of those spacecraft launched last year.
APT Satellite received $21,000,000 in insurance payments for the partial failure of the Apstar-6 communications satellite in May 2018.
Apstar-5C launched in September 2018 on a SpaceX Falcon 9 and is owned by Telesat, with APT Satellite having helped finance and design the spacecraft.