| ๐ Image | |
| Company type | Private |
|---|---|
| Industry | Communications satellite |
| Founded | 1988[1] |
| Headquarters |
|
| Brands | AsiaSat |
| Revenue | ๐ Increase HK$1.354 billion [2]:โ62โ (2017) |
| ๐ Increase HK$642 million [2]:โ62โ (2017) | |
| ๐ Decrease HK$397 million [2]:โ62โ (2017) | |
| Total assets | ๐ Decrease HK$7.401 billion [2]:โ63โ (2017) |
| Total equity | ๐ Increase HK$3.353 billion [2]:โ63โ (2017) |
| Owner | CITIC โ Carlyle consortium (74.43%) |
| Parent | Bowenvale |
| Website | https://www.asiasat.com/ |
| Footnotes / references in consolidated financial statement[2] | |
Asia Satellite Telecommunications Company Limited (AsiaSat) is a Hong Kongโbased commercial operator of communications satellites founded in 1988. It is a wholly owned subsidiary of Asia Satellite Telecommunications Holdings Limited (AsiaSat Holdings), which is incorporated in Bermuda.
AsiaSat Holdings is jointly owned by Chinese state-owned CITIC Limited and private equity fund The Carlyle Group L.P. indirectly. It had a market capitalisation of HK$2 billion on 30 November 2018.[3] It was a red chip company of the stock exchange.[3] On 23 August 2019, the take private proposal scheme was approved by AsiaSat Holdings' public shareholders, followed by the approval of the Bermuda Court on 3 September 2019, whereupon The company became a private wholly owned subsidiary of Bowenvale Limited, a joint venture of CITIC and Carlyle. The listing of the company's shares was withdrawn from the Stock Exchange of Hong Kong on 5 September 2019.[4]
History
[edit]In September 2017, AsiaSat 9, AsiaSat's latest satellite built by Space Systems/Loral[5] was successfully launched and replaced AsiaSat 4 at 122ยฐ East.
AsiaSat owns and operates seven satellites, including AsiaSat 3S, AsiaSat 4, AsiaSat 5, AsiaSat 6, AsiaSat 7, AsiaSat 8 and the new AsiaSat 9.
Shareholders
[edit]As of 31 December 2017[update], the direct parent company, Bowenvale Limited, owned 74.43% shares; Bowenvale was jointly owned by CITIC Limited and The Carlyle Group LP in a 50โ50 ratio.[2]:โ54โ Standard Life Aberdeen plc was the second largest shareholder for 5.36%.[2]:โ54โ In May 2018, the ratio owned by Standard Life Aberdeen had decreased to 4.99%.[6] In November 2018, another private equity firm International Value Advisers owned 6.12% shares of AsiaSat.[7]
On 3 September 2019, following the approval of the privatisation plan by public shareholders, Asia Satellite Telecommunications Holdings Limited became a privately wholly owned subsidiary of Bowenvale Limited, which is now jointly owned by CITIC Group and Carlyle Asia Partners IV, L.P.[4]
Launch history and future plans
[edit]This is a list of satellites owned and operated by AsiaSat.
| Satellite | Launch Date (UTC) |
Rocket | Launch Site | Contractor | Longitude | Status | Notes | Ref. |
| AsiaSat 1 | 7 Apr 1990 | ๐ China Long March 3 |
๐ China Xichang, LC-3 |
๐ 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 Nov 1995 | ๐ China Long March 2E |
๐ China Xichang, LC-2 |
๐ China CASC |
100.5ยฐ East | Decommissioned | [9] | |
| AsiaSat 3 | 24 Dec 1997 | ๐ Russia Proton-K / DM-2M |
๐ Kazakhstan Baikonur, Site 81/23 |
๐ United States ILS |
105.5ยฐ East (intended) 158ยฐ West (1998โ1999) 62ยฐ West (1999โ2002) |
Decommissioned | Transferred to Hughes Global Services (HGS) | [10] |
| AsiaSat 3S | 21 Mar 1999 | ๐ Russia Proton-K / DM-2M |
๐ Kazakhstan Baikonur, Site 81/23 |
๐ United States ILS |
147.5ยฐ East | Decommissioned | Replaced AsiaSat 1 on 8 May 1999 and was replaced by AsiaSat 7 | [11][12] |
| AsiaSat 4 | 12 Apr 2003 | ๐ United States Atlas IIIB |
๐ United States Cape Canaveral, LC-36B |
๐ United States ILS |
Relocated to a designated orbital position in November 2017 | In Service | [13][14] | |
| AsiaSat 5 | 11 Aug 2009 | ๐ Russia Proton-M / Briz-M |
๐ Kazakhstan Baikonur, Site 200/39 |
๐ Russia Khrunichev |
100.5ยฐ East | In Service | A replacement satellite for AsiaSat 2 | [15][16] |
| AsiaSat 6 / Thaicom 7 | 7 Sep 2014 | ๐ United States Falcon 9 v1.1 |
๐ United States Cape Canaveral, SLC-40 |
๐ United States SpaceX |
120ยฐ East | In Service | [17][18] | |
| AsiaSat 7 | 25 Nov 2011 | ๐ Russia Proton-M / Briz-M |
๐ Kazakhstan Baikonur, Site 200/39 |
๐ Russia Khrunichev |
105.5ยฐ East | In Service | Replaced AsiaSat 3S at the orbital location of 105.5ยฐ East. | [19][20] |
| AsiaSat 8 | 5 Aug 2014 | ๐ United States Falcon 9 v1.1 |
๐ United States Cape Canaveral, SLC-40 |
๐ United States SpaceX |
105.5ยฐ East | In Service | AsiaSat satellite with multiple Ku beams. | [21][22] |
| AsiaSat 9 | 28 Sep 2017 | ๐ Russia Proton-M / Briz-M |
๐ Kazakhstan Baikonur, Site 200/39 |
๐ Russia Khrunichev |
122ยฐ East | In Service | Replaced AsiaSat 4 at 122ยฐ East. | [23][24] |
See also
[edit]
- APT Satellite Holdings, fellow satellite communication company based in Hong Kong
References
[edit]- ^ "AsiaSat". Space Data Association. 12 January 2021. Retrieved 27 March 2023.
- ^ a b c d e f g h "2017 Annual Report" (PDF). Asia Satellite Telecommunications Holdings. 27 April 2017. Retrieved 26 July 2017.
- ^ a b "List of Red Chip Companies (Main Board)". Hong Kong Exchanges and Clearing. 30 November 2018. Retrieved 6 December 2018.
- ^ a b Henry, Caleb (23 September 2019). "AsiaSat shareholders accept privatization offer". Spacenews.com.
- ^ de Selding, Peter B. (27 March 2015). "AsiaSat Results Reflect Troop Withdrawals, Capacity Glut". SpaceNews. Retrieved 29 March 2015.
- ^ ใๆฌ็่ฎๅใไบๆดฒ่กๆ(01135-HK)้ญๅบ้ๆธๆ9.35่ฌ่ก ๆถ่ณ60.3่ฌ. finet.hk (in Chinese (Hong Kong)). Hong Kong: Financial Holdings Limited. 30 May 2018. Retrieved 7 December 2018.
- ^ ใๆฌ็่ฎๅใไบๆดฒ่กๆ(01135-HK)็ฒInternational Valueๅขๆ464่ฌ่ก. finet.hk (in Chinese (Hong Kong)). Hong Kong: Financial Holdings Limited. 19 November 2018. Retrieved 7 December 2018.
- ^ "AsiaSat 1". Gunter's Space Page. 21 July 2019. Retrieved 2 May 2021.
- ^ Krebs, Gunter (21 July 2019). "AsiaSat 2". Gunter's Space Page. Retrieved 2 May 2021.
- ^ "HGS-1 Arrives in Earth Orbit: First Commercial Lunar Mission". NASA. 17 June 1998. Archived from the original on 30 July 2010. Retrieved 4 May 2021. ๐ Public Domain
This article incorporates text from this source, which is in the public domain. - ^ Krebs, Gunter. "AsiaSat 3, 3S / HGS 1 / PAS 22". Gunter's Space Page. Retrieved 7 March 2026.
- ^ "AsiaSat 3S". AsiaSat. Archived from the original on 18 January 2014. Retrieved 7 January 2014.
- ^ "Atlas III Launch of AsiaSat 4 Successful in 1st ILS Mission of 2003". Space News. 11 April 2003. Retrieved 7 March 2026.
- ^ "AsiaSat 4". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
- ^ de Selding, Peter B. (12 August 2009). "ILS Proton Rocket Launches AsiaSat 5 Satellite". Space News. Retrieved 7 March 2026.
- ^ "AsiaSat 5". AsiaSat. Archived from the original on 23 October 2013. Retrieved 7 January 2014.
- ^ de Selding, Peter B. (7 September 2014). "SpaceX Launches AsiaSat 6, a Month after Lofting AsiaSat 8". Space News. Retrieved 7 March 2026.
- ^ "AsiaSat 6". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
- ^ "ILS And SS/L's Easy BreezyโฆLaunch AsiaSat 7 On A Breeze (Launch)". satnews.com. 27 November 2011. Retrieved 7 March 2026.
- ^ "AsiaSat 7". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
- ^ Graham, William (4 August 2014). "SpaceX Falcon 9 v1.1 launches ASIASAT-8 satellite". nasaspaceflight.com. Retrieved 7 March 2026.
- ^ "AsiaSat 8". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
- ^ Henry, Caleb (31 July 2017). "LS Proton to launch AsiaSat-9 on Sept. 28". Space News. Retrieved 7 March 2026.
- ^ Bergin, Chris (28 September 2017). "ILS Proton M successfully launches AsiaSat-9". Retrieved 28 September 2017.
External links
[edit]- AsiaSat
- 1988 establishments in Hong Kong
- Telecommunications companies established in 1988
- Companies listed on the Hong Kong Stock Exchange
- Communications satellite operators
- Direct broadcast satellite services
- Aerospace companies of Hong Kong
- Telecommunications companies of Hong Kong
- CITIC Group
- The Carlyle Group companies
- Offshore companies of Bermuda
- Hong Kong brands
- CS1 uses Chinese-language script (zh)
- CS1 Chinese (Hong Kong)-language sources (zh-hk)
- Source attribution
- Articles with short description
- Short description is different from Wikidata
- Use British English from May 2021
- All Wikipedia articles written in British English
- Use dmy dates from May 2021
- Articles containing potentially dated statements from December 2017
- All articles containing potentially dated statements
- Official website different in Wikidata and Wikipedia