AsiaSat

Asia Satellite Telecommunications Holdings
public
Traded as SEHK: 01135
Industry Satellite communication
Founded 1988
Headquarters
  • Hong Kong (de facto)
  • Bermuda (registered office)
Brands AsiaSat
Revenue Decrease HK$1.272 billion[1]:62 (2016)
Decrease HK$0511 million[1]:62 (2016)
Decrease HK$0430 million[1]:62 (2016)
Total assets Decrease HK$7.438 billion[1]:63 (2016)
Total equity Increase HK$3.105 billion[1]:63 (2016)
Owner CITIC–Carlyle consortium (74.43%)
Parent Bowenvale
Website asiasat.com
Footnotes / references
in consolidated financial statement[1]

Asia Satellite Telecommunications Holdings Limited known as its brand name AsiaSat is a commercial operator of communication spacecraft. AsiaSat is based in Hong Kong but incorporated in Bermuda.

It is a red chip company,[2] as it was (jointly) controlled by Chinese state-owned CITIC Group indirectly. It had a market capitalization of HK$3.251 billion on 30 June 2017.[2]

History

In December 2013, AsiaSat commissioned AsiaSat 9—to be built by Space Systems/Loral[3]—originally intending it to be launched in Q2 2017 in order to replace AsiaSat 4 at 122 degrees east.

In early 2015, AsiaSat reported a nine percent revenue drop, and a 27 percent drop in contracts, pointing to a regional oversupply of satellite communication services in the Asian regions it serves.[3] At that time, AsiaSat had four commsats in operation and had recently launched two more—AsiaSat 6 and AsiaSat8—which had added 22 percent additional bandwidth capacity into the shrinking market. Although revenues were down just nine percent—to HK$1365 billion—2014 profits declined by 25 percent over 2013, to HK$559 million.[3]

Shareholders

As of 31 December 2016, the direct parent company, Bowenvale Limited, owned 74.43% shares; Bowenvale was jointly-owned by CITIC Limited and The Carlyle Group in a 50–50 ratio.[1]:54 Aberdeen Asset Management was the second largest shareholder for 5.99%.[1]:54

Launch history and future plans

This is a list of AsiaSat satellites, both launched and planned for future launch.

AsiaSat satellites
Satellite Launch Date
(UTC)		 Rocket Launch Site Contractor Longitude Status Notes Ref.
AsiaSat 1 7 April 1990 China Long March 3 China Xichang LC-3 China CASC Decommissioned Launched as Westar 6 on Space Shuttle mission STS-41B, became stranded in orbit, was retrieved by Space Shuttle mission STS-51A in November 1984, sold to AsiaSat.
AsiaSat 2 28 November 1995 China Long March 2E China Xichang LC-2 China CASC 100.5° East Decommissioned
AsiaSat 3 24 December 1997 Russia Proton-K / DM-2M Kazakhstan Baikonur Site 81/23 Russia United States ILS 105.5° East (intended)
158° West (1998)
62° West (1999-2002)		 Decommissioned Transferred to Hughes Global Services
AsiaSat 3S 21 March 1999 Russia Proton-K / DM-2M Kazakhstan Baikonur Site 81/23 Russia United States ILS 105.5° East In Service Replaced AsiaSat 1 in May 1999. [4]
AsiaSat 4 12 April 2003 United States Atlas IIIB United States Cape Canaveral LC-36B Russia United States ILS 122° East In Service [5]
AsiaSat 5 11 August 2009 Russia Proton-M / Briz-M Kazakhstan Baikonur Site 200/39 Russia United States ILS 100.5° East In Service A replacement satellite for AsiaSat 2 [6]
AsiaSat 6 7 September 2014 United States Falcon 9 v1.1 United States Cape Canaveral SLC-40 United States SpaceX 120° East In Service [7]
AsiaSat 7 25 November 2011 Russia Proton-M / Briz-M Enhanced Kazakhstan Baikonur Site 200/39 Russia United States ILS 105.5° East In Service To replace AsiaSat 3S at the orbital location of 105.5° East in late 2014. [8]
AsiaSat 8 5 August 2014 United States Falcon 9 v1.1 United States Cape Canaveral SLC-40 United States SpaceX 105.5° East In Service AsiaSat satellite with multiple Ku beams. [9]
AsiaSat 9 October 2017[10] 122° East Scheduled Being built 2013–2015 to be launched in 2017. Will replace AsiaSat 4 at 122 degrees east.

References

  1. 1 2 3 4 5 6 7 8 "2016 Annual Report" (PDF). Asia Satellite Telecommunications Holdings. 27 April 2017. Retrieved 26 July 2017.
  2. 1 2 "List of Red Chip Companies (Main Board)". Hong Kong Stock Exchange. 30 June 2017. Retrieved 26 July 2017.
  3. 1 2 3 de Selding, Peter B. (2015-03-27). "AsiaSat Results Reflect Troop Withdrawals, Capacity Glut". Space News. Retrieved 29 March 2015.
  4. ↑ "AsiaSat 3S". AsiaSat. Archived from the original on 18 January 2014. Retrieved 7 January 2014.
  5. ↑ "AsiaSat 4". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
  6. ↑ "AsiaSat 5". AsiaSat. Archived from the original on 23 October 2013. Retrieved 7 January 2014.
  7. ↑ "AsiaSat 6". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
  8. ↑ "AsiaSat 7". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
  9. ↑ "AsiaSat 8". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
  10. ↑ Pietrobon, Steven (25 March 2017). "Russian Launch Manifest". Retrieved 28 March 2017.

See also

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