All verified mentions of this organization in source documents.
Global Eagle’s top unsecured creditors include SES ($26,600,000), Intelsat ($9,800,000), Yahsat ($3,600,000), Hughes Network Systems ($3,100,000), Telesat ($2,500,000), Arabsat ($1,000,000), and AsiaSat ($960,000).
Inmarsat was the third satellite operator to delist from public markets in 2019, following Hong Kong-based AsiaSat and London-based Avanti in September 2019.
When AsiaSat developed the AsiaSat-10 business case, the average cost being targeted was about $3,500,000 per gigabit of capacity.
AsiaSat will relocate within Hong Kong from Wan Chai to Tai Po Industrial Estate, where its teleport is based, effective 2019-09-01.
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.
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.
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.
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.
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.
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.
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.
Thaicom, AsiaSat, Measat, and Sky Perfect JSAT currently provide C- and/or Ku-band coverage of Nepal.
AsiaSat replaced AsiaSat-4 in its own fleet with AsiaSat-9, which launched in 2017 on an International Launch Services Proton.
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.
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.
AsiaSat tallied 1.44 billion Hong Kong dollars in revenue for 2018, equivalent to $183,700,000 at current exchange rates.
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.
AsiaSat reported a profit of 429 million Hong Kong dollars for 2018, up 32 million Hong Kong dollars from the prior year.
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.
In December 2016 Spacecom leased an orbiting satellite from AsiaSat to serve as a temporary replacement for Amos-6.