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AsiaSat

HK

亞洲衛星有限公司

Asia Satellite Telecommunications Company Limited (AsiaSat) is a Hong Kong-based commercial satellite operator and has been in operation since 1988. It provides satellite connectivity and media solutions, including traditional content distribution, VSAT solutions, and maritime broadband, primarily in the Asia-Pacific region. AsiaSat operates a fleet of satellites and offers services to broadcasters, telecom companies, and other enterprises. Its major shareholders are CITIC Group Corporation and Carlyle Asia Partners.

commercialFounded 1988
www.asiasat.com/
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All verified mentions of this organization in source documents.

A hearing before the Supreme Court of Bermuda to approve AsiaSat's takeover plans is scheduled for 2019-08-30 as the final step for the company to go private.

LegalRelationshipsValue 2.3Aug 23, 2019AsiaSat shareholders accept privatization offer

Shareholders controlling 99.8% of AsiaSat shares not already held by majority owners CITIC and Carlyle voted in favor of privatization on 2019-08-23.

GovernanceLegalValue 3.5Aug 23, 2019AsiaSat shareholders accept privatization offer

CITIC and Carlyle proposed on 2019-06-24 to pay 1.022 billion Hong Kong dollars ($130,800,000) to acquire the remaining AsiaSat shares.

RelationshipsFinancialValue 4.5Aug 23, 2019AsiaSat shareholders accept privatization offer

AsiaSat will relocate within Hong Kong from Wan Chai to Tai Po Industrial Estate, where its teleport is based, effective 2019-09-01.

PlanCapabilityValue 4.0Aug 23, 2019AsiaSat shareholders accept privatization offer

AsiaSat is the second satellite operator to pursue privatization in 2025, following British operator Inmarsat whose shareholders approved a $3,300,000,000 buyout in May.

FinancialGovernanceValue 4.0Aug 23, 2019AsiaSat shareholders accept privatization offer

AsiaSat operates a fleet of six satellites providing telecommunications services including television broadcasting and internet connectivity across the Asia Pacific and parts of the Middle East, Africa, and Europe.

CapabilityGeneralValue 3.8Jul 1, 2019AsiaSat’s largest shareholders move to take operator private

AsiaSat’s positioning to go private follows British fleet operator Inmarsat, which approved a privatization plan on 2019-05-10 that is expected to close in the fourth quarter of 2019.

PlanGovernanceValue 4.0Jul 1, 2019AsiaSat’s largest shareholders move to take operator private

CITIC Group and The Carlyle Group, operating through subsidiaries, proposed on 2019-06-24 to pay 1.022 billion Hong Kong dollars to buy the 25.57 percent of AsiaSat shares they do not already own.

RelationshipsFinancialValue 4.7Jul 1, 2019AsiaSat’s largest shareholders move to take operator private

Thaicom, AsiaSat, Measat, and Sky Perfect JSAT currently provide C- and/or Ku-band coverage of Nepal.

CapabilityGeneralValue 4.0Mar 11, 2019Nepal, Thales Alenia Space near satellite contract

AsiaSat replaced AsiaSat-4 in its own fleet with AsiaSat-9, which launched in 2017 on an International Launch Services Proton.

GeneralPlanCapabilityValue 4.5Mar 8, 2019AsiaSat revenue up, but regional C-band pressure mounting

AsiaSat continues to reevaluate plans for AsiaSat-10, a high-throughput satellite the company indicated a desire to buy more than a year ago to have in service in 2020.

PlanGeneralValue 3.5Mar 8, 2019AsiaSat revenue up, but regional C-band pressure mounting

AsiaSat characterized the slowdown in deployment of new geostationary satellites and tightening supply of C-band transponders due to expected 0.005 kg rollouts as trends that could increase demand for satellite transmission capacity.

GeneralValue 2.6Mar 8, 2019AsiaSat revenue up, but regional C-band pressure mounting

AsiaSat’s core fleet of five satellites saw a 3 percent increase in capacity use in 2018, reaching an overall fill rate of 72 percent.

CapabilityFinancialValue 3.8Mar 8, 2019AsiaSat revenue up, but regional C-band pressure mounting

AsiaSat tallied 1.44 billion Hong Kong dollars in revenue for 2018, equivalent to $183,700,000 at current exchange rates.

FinancialValue 4.5Mar 8, 2019AsiaSat revenue up, but regional C-band pressure mounting

AsiaSat reported a profit of 429 million Hong Kong dollars for 2018, up 32 million Hong Kong dollars from the prior year.

FinancialValue 4.5Mar 8, 2019AsiaSat revenue up, but regional C-band pressure mounting

Spacecom is leasing AsiaSat-8 from Hong Kong-based AsiaSat for $22,000,000 annually to fill the service void over Africa left by the loss of Amos-6.

RelationshipsFinancialPlanGeneralValue 4.4Nov 2, 2018Israel Aerospace Industries to pay $10 million for late delivery of satellite destroyed in Falcon 9 explosion

In December 2016 Spacecom leased an orbiting satellite from AsiaSat to serve as a temporary replacement for Amos-6.

RelationshipsPlanValue 4.0Sep 25, 2018Spacecom cancels Amos-8 contracts with SSL and SpaceX

Some operators, including AsiaSat, consider building gateways to be an expensive part of a full HTS system.

GeneralCapabilityValue 2.0Jul 3, 2018Space ground segment having its own launch sector-like renaissance, Kratos says
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